{"schema_version":"secwatch.filing_event.v1","accession":"0001562762-23-000228","form_type":"8-K","ticker":"NCSM","cik":"0001692427","company_name":"NCS Multistage Holdings, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.073215+00:00","generated_at":"2026-06-15T09:26:11.116326+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NCS Multistage Q1 revenues up 11% YoY to $43.6M; net loss of $(15.0)M includes $17.5M litigation provision","bullets":["Revenue $43.6M, up 11% YoY; adjusted EBITDA $4.9M, up $2.6M YoY.","Net loss $(15.0)M ($(6.10)/share) vs $(1.5)M loss a year ago; includes $17.5M litigation provision.","Adjusted net income $1.2M ($0.50/diluted share) vs adjusted net loss $(1.8)M.","Cash $13.6M, debt $8.4M; undrawn ABL capacity $21.1M.","Expects US/Intl sequential revenue improvement in Q2; Canada seasonal decline."],"urls":{"canonical":"https://secwatch.observer/filing/0001562762-23-000228","json":"https://secwatch.observer/filing/0001562762-23-000228.json","markdown":"https://secwatch.observer/filing/0001562762-23-000228.md","text":"https://secwatch.observer/filing/0001562762-23-000228.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692427/000156276223000228/0001562762-23-000228-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692427/000156276223000228/ncsm-20230509x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:26:11.116326+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3a5d9e1dad21f28a1fe185eaa53b82f2e569ccbf","claim":"NCS Multistage Holdings, Inc. reported the quarter ended March 31, 2023 results: revenue $43.6 million, net income $(15.0) million, EPS $(6.10) per share.","evidence_excerpt":"Highway 249, Suite 600 Houston, Texas 77070  PRESS RELEASE  NCS MULTISTAGE HOLDINGS, INC. ANNOUNCES FIRST QUARTER 2023 RESULTS  First Quarter Results  · Total revenues of $43.6 million, a n 11% year-over-year increase and an 8% increase compared to the fourth quarter of 2022 · Net loss of $(15.0) million and loss per share of $(6.10) , compared to a net loss of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692427/000156276223000228/0001562762-23-000228-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$43.6 million"},{"label":"Net income","value":"$(15.0) million"},{"label":"EPS","value":"$(6.10) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}