{"schema_version":"secwatch.filing_event.v1","accession":"0001692427-23-000035","form_type":"8-K","ticker":"NCSM","cik":"0001692427","company_name":"NCS Multistage Holdings, Inc.","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.078551+00:00","generated_at":"2026-06-09T06:05:03.659674+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NCS Multistage Q3 revenue falls 22% YoY to $38.3M; net income rises to $1.77 EPS","bullets":["Total revenues $38.3M, down 22% YoY; net income $4.4M ($1.77 diluted EPS) vs $3.9M ($1.58) in Q3 2022.","Adjusted EBITDA $6.8M (down $1.6M YoY); margin 18% vs 17% in Q3 2022.","Cash $11.4M, debt $8.3M; ABL facility undrawn with $19.7M borrowing base.","Wyoming legal matter settled; insurance paid $2.0M; Canada patent infringement ruling against NCS, $1.7M costs ordered, company to appeal.","Outlook: US activity expected down 5-10% in 2023 vs 2022; Canada flat; international up over 10%."],"urls":{"canonical":"https://secwatch.observer/filing/0001692427-23-000035","json":"https://secwatch.observer/filing/0001692427-23-000035.json","markdown":"https://secwatch.observer/filing/0001692427-23-000035.md","text":"https://secwatch.observer/filing/0001692427-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692427/000169242723000035/0001692427-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692427/000169242723000035/ncsm-20231030x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T06:05:03.659674+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":"93c5340e0bc1514341532b6a0f8978a30a77d9a8","claim":"NCS Multistage Holdings, Inc. reported quarter ended September 30, 2023 results: revenue $38.3 million, net income $4.4 million, EPS $1.77 per diluted share.","evidence_excerpt":"Highway 249, Suite 600 Houston, Texas 77070 ﻿ PRESS RELEASE ﻿ NCS MULTISTAGE HOLDINGS, INC. ANNOUNCES THIRD QUARTER 2023 RESULTS ﻿ Third Quarter Results ﻿ · Total revenues of $38.3 million, a 22% year-over-year decrease · Net income of $4.4 million and earnings per diluted share of $1.77 , compared to net income of $3.9 million and earnings per diluted share of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692427/000169242723000035/0001692427-23-000035-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$38.3 million"},{"label":"Net income","value":"$4.4 million"},{"label":"EPS","value":"$1.77 per diluted 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"}