secwatch.observer — SEC 8-K summary
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Issuer:     NCS Multistage Holdings, Inc. (NCSM)
CIK:        0001692427
Form:       8-K
Filed at:   2021-08-02T23:59:59+00:00
Accession:  0001692427-21-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCS Multistage Q2 revenue $21.5M (+146% YoY); net loss $(5.8)M improves YoY
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- Total revenue $21.5M, up 146% YoY, driven by higher North American drilling activity.
- Net loss $(5.8)M ($(2.41) per diluted share) vs $(8.8)M loss in Q2 2020.
- Adjusted net loss $(4.9)M ($(2.04) per share); adjusted EBITDA $(1.6)M, $6.3M improvement YoY.
- Cash $13.9M, total debt $6.0M (capital leases); revolver undrawn with $10.2M borrowing base.
- Management expects Q3 sequential revenue increase in Canada and modest U.S. activity growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692427/000169242721000023/0001692427-21-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692427/000169242721000023/ncsm-20210802x8k.htm
  HTML page:      https://secwatch.observer/filing/0001692427-21-000023

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