---
schema_version: "secwatch.filing_event.v1"
accession: "0001692427-21-000029"
form_type: "8-K"
ticker: "NCSM"
cik: "0001692427"
company_name: "NCS Multistage Holdings, Inc."
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:47:49.226975+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NCS Multistage Q3 revenue $32.4M, net income $2.8M; Canada revenue up 500% YoY

## Summary
- Revenue $32.4M (+99% YoY, +51% QoQ); net income $2.8M ($1.14 EPS) vs loss $5.9M YoY.
- Adjusted EBITDA $4.2M (+$6.3M YoY); free cash flow $6.4M YTD.
- Canada revenue surged ~500% YoY and 140% QoQ; U.S. results impacted by lower Repeat Precision activity.
- Cash $18.4M, debt $8.2M (capital leases); credit facility undrawn with $13.7M borrowing base.
- Q4 outlook: modest U.S. activity increases, Canada above 2019 levels, international gradual improvement.

## SEC filing metadata
- accession: 0001692427-21-000029
- form_type: 8-K
- ticker: NCSM
- cik: 0001692427
- company_name: NCS Multistage Holdings, Inc.
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692427/000169242721000029/0001692427-21-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692427/000169242721000029/ncsm-20211101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692427-21-000029
- JSON: https://secwatch.observer/filing/0001692427-21-000029.json
- Plain text: https://secwatch.observer/filing/0001692427-21-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.