secwatch.observer — SEC 8-K summary
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Issuer:     NCS Multistage Holdings, Inc. (NCSM)
CIK:        0001692427
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001437749-25-032188
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCS Q3 revenue up 6% to $46.5M; net income $3.8M ($1.37 diluted EPS) down from $4.1M YoY
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- Revenue $46.5M (+6% YoY); net income $3.8M ($1.37 diluted EPS) vs $4.1M ($1.60) in Q3 2024.
- Adjusted EBITDA $7.0M (flat YoY); adjusted EBITDA margin 15% vs 16% a year ago.
- Canadian revenues down 19% YoY; US and international up 37% and 38%, respectively.
- Acquired Reservoir Metrics (ResMetrics) in late July; contributed ~$2M to services revenue.
- Cash $25.3M, total debt $7.4M (finance leases); undrawn ABL borrowing base $19.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692427/000143774925032188/0001437749-25-032188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692427/000143774925032188/ncsm20250804_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-032188

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer