earnings
confidence high
sentiment neutral
materiality 0.65
NCS Multistage Q1 revenue up 37% to $39.1M; net loss narrows to $1.5M
NCS Multistage Holdings, Inc.
2022-Q1 EPS reported
-$0.64
revenue$39,112,000
- Revenue $39.1M, +37% YoY; net loss $(1.5M) vs $(3.4M) in Q1 2021; diluted EPS $(0.64).
- Adjusted EBITDA $2.3M, up from $0.1M in prior-year period.
- Adjusted net loss $(2.3M) or $(0.93) per diluted share.
- Cash $15.5M, total debt $8.0M; entered new $35M ABL facility on May 3, 2022 maturing 2027.
- Expects sequential revenue growth in US and international in Q2; Canada seasonal decline; margin pressure from inflation.