earnings
confidence high
sentiment positive
materiality 0.70
NCS Q1 revenue $50.0M (+14% YoY), EPS $1.51, adj. EBITDA $8.2M
NCS Multistage Holdings, Inc.
2025-Q1 EPS reported
$1.51
revenue$50,005,000
- Total revenues $50.0M, up 14% YoY; net income $4.1M ($1.51 diluted EPS) vs $2.1M ($0.82) last year.
- Adjusted EBITDA $8.2M, up 35% YoY; adjusted gross margin improved to 44% from 40%.
- Cash $23.0M, total debt $7.6M (finance leases); net cash position $15.4M; undrawn ABL $26.8M.
- Canada revenues drove growth; international revenue rose on Middle East and North Sea projects.
- CEO cites cautious optimism but flags risks from global trade tensions and potential tariffs on Q2 and H2.