NCSM NCS Multistage Holdings, Inc.

CIK 0001692427 38 ready 8-Ks latest September 1, 2026, 8:44 AM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (17)

Ready 8-Ks 38

Latest filing September 1, 2026, 8:44 AM ET

Top materiality 1.00

Event mix earnings ×21 · leadership ×6 · other ×4

Sentiment 14 pos · 6 neg · 18 neu

Latest earnings reported 2026-Q1

Executive change recent →

SHENANIGAN SCORE 1 / 7 see the board

Recent 8-K filings for NCSM

Highest-materiality recent filing

Weatherford to acquire NCS Multistage for 0.463 shares per NCS share; expected close H2 2026

June 1, 2026, 8:43 PM ET M&A materiality 1.00 positive item 1.01 item 5.07 item 8.01 item 9.01 ◈ Material Agreements◈ Shareholder Votes

NCS stockholders elect either 0.554 Weatherford shares or mix of 0.239 shares plus cash equivalent to 0.137 shares, blended ~0.463 shares per NCS share.
Annual cost synergies of at least $15 million expected within 18 months; deal immediately accretive to adjusted free cash flow per share.

Read filing →

September 1, 2026, 8:44 AM ET M&A materiality 0.95 neutral item 1.02 item 2.01 item 3.01 item 3.03 item 5.01 item 5.02 item 5.03 item 9.01 ◈ executive_change ×17

NCS Multistage completes Weatherford merger; shareholders get 0.5537 WFT shares or cash/stock mix

Merger completed Sept 1, 2026; NCSM now wholly owned subsidiary of Weatherford International.
August 24, 2026, 5:03 PM ET M&A materiality 0.50 neutral item 7.01 item 9.01

NCS Multistage-Weatherford merger: election deadline Aug 31, closing expected Sept 1

Election deadline is 5:00 p.m. ET on Aug 31, 2026 for NCSM stockholders to choose consideration.
July 30, 2026, 4:29 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

NCS Multistage Q2 net loss $4.6M vs $0.9M income YoY; revenue up 5% to $38.4M

Net loss per share $(1.71) vs diluted EPS $0.34 in Q2 2025; adjusted EBITDA $1.9M vs $2.2M.
June 1, 2026, 8:43 PM ET M&A materiality 1.00 positive item 1.01 item 5.07 item 8.01 item 9.01 ◈ Material Agreements◈ Shareholder Votes

Weatherford to acquire NCS Multistage for 0.463 shares per NCS share; expected close H2 2026

NCS stockholders elect either 0.554 Weatherford shares or mix of 0.239 shares plus cash equivalent to 0.137 shares, blended ~0.463 shares per NCS share.
May 27, 2026, 4:21 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×3

NCS Multistage stockholders elect directors, ratify auditor, approve say-on-pay at 2026 annual meeting

Elected John Deane and W. Matt Ralls as Class III directors to serve until 2029; each received over 1.8M votes in favor.
April 29, 2026, 7:59 PM ET earnings materiality 0.70 negative item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q1 2026 revenue $45.6M, net loss $0.4M; EBITDA down YoY

Revenue $45.6M, down 8.8% YoY from $50.0M; net loss $0.4M vs net income $4.1M in Q1 2025.
March 4, 2026, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases ×2

NCS Multistage Q4 revenue $50.6M (+13% YoY); full-year adj. EBITDA $26.7M (+20%)

Q4 revenue $50.6M (+13% YoY), operating income $5.2M (+78%), net income $15.0M ($5.34/diluted) incl. $9.8M deferred tax valuation allowance release.
October 29, 2025, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01

NCS Q3 revenue up 6% to $46.5M; net income $3.8M ($1.37 diluted EPS) down from $4.1M YoY

Revenue $46.5M (+6% YoY); net income $3.8M ($1.37 diluted EPS) vs $4.1M ($1.60) in Q3 2024.
July 31, 2025, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

NCS Multistage Q2 revenue up 23% to $36.5M, net income $0.9M, acquires Reservoir Metrics

Revenue of $36.5M (+23% YoY); net income $0.9M vs loss $3.1M; diluted EPS $0.34 vs ($1.21).
May 21, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07

NCS Multistage shareholders approve all four proposals at 2025 annual meeting

Robert Nipper and Ryan Hummer re-elected as Class II directors to serve until 2028.
April 30, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

NCS Q1 revenue $50.0M (+14% YoY), EPS $1.51, adj. EBITDA $8.2M

Total revenues $50.0M, up 14% YoY; net income $4.1M ($1.51 diluted EPS) vs $2.1M ($0.82) last year.
March 10, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

NCS Multistage Q4 2024 revenue +28% YoY to $45M; FY net income $6.6M vs loss in 2023

Q4 net income $3.5M ($1.32 diluted EPS) vs $39.6M ($15.80) year ago which included $40.8M litigation reversal.
October 30, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

NCS Multistage Q3 revenue $44M (+15% YoY); EPS $1.60; Adj EBITDA $7.1M

Total revenue $44.0M, up 15% YoY, driven by international and U.S. product sales, Canada product and services.
July 31, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

NCS Multistage Q2 revenue up 17% to $29.7M; net loss narrows to $3.1M

Revenue $29.7M (+17% YoY); net loss $(3.1)M vs $(32.2)M loss in Q2 2023 (included $24.9M litigation provision).
May 24, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07

NCS Multistage shareholders elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting

Elected three Class I directors (McShane, Grewal, Mitchell) each with >1.7M votes for.
May 1, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q1 net income $2.1M vs loss year ago; rev $43.9M up 1% YoY, adj EBITDA $6.1M margin 14%

Total revenue $43.9M (+1% YoY, +24% seq); net income $2.1M ($0.82 diluted EPS) versus net loss $15.0M ($6.10 loss per share) in Q1 2023.
March 8, 2024, 6:59 PM ET leadership materiality 0.25 neutral item 5.02 ◈ executive_change

Director Matthew Fitzgerald to retire from NCS Multistage board effective March 31, 2024

Matthew Fitzgerald informed the company of his retirement as a director, effective March 31, 2024.
March 7, 2024, 6:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q4 revenue $35.2M (-12% YoY); net income $39.6M on $40.8M litigation reversal

Adjusted net loss $(0.9)M, adjusted EBITDA $2.5M (down from $6.4M in Q4 2022).
December 14, 2023, 6:59 PM ET litigation materiality 0.85 positive item 7.01 item 9.01

NCS settles $40.8M Texas litigation; insurance pays, no cash outflow

Settled Boyd & McWilliams Texas matter; insurance carrier pays all agreed-upon amounts; no cash payment by NCS.
October 30, 2023, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q3 revenue falls 22% YoY to $38.3M; net income rises to $1.77 EPS

Total revenues $38.3M, down 22% YoY; net income $4.4M ($1.77 diluted EPS) vs $3.9M ($1.58) in Q3 2022.
July 31, 2023, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q2 revenues $25.4M, net loss $32.2M on $24.9M litigation provision; lowers US activity guidance

Total revenues $25.4M (-8% YoY); net loss $(32.2)M ($(13.02)/share) vs $(5.5)M loss a year ago.
July 5, 2023, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 ◈ executive_change

NCS Multistage CTO James King departs effective July 3, 2023

James King, Chief Technology Officer, left NCS Multistage on July 3, 2023.
May 26, 2023, 7:59 PM ET other material materiality 0.50 neutral item 5.02 item 5.07 item 9.01 ◈ Shareholder Votes ×5

NCS Multistage stockholders approve 75K-share increase in equity plan; directors elected

Shareholders approved Amended & Restated 2017 Equity Incentive Plan: 1,745,764 for, 157,156 against; share reserve increased by 75,000 to 626,626 shares.
May 18, 2023, 7:59 PM ET litigation materiality 0.85 negative item 7.01

NCS Multistage hit with $42.5M judgment in Texas lawsuit, plans appeal

Jury verdict on May 2, 2023; judgment rendered May 15 for $42.5M (including interest and netting $0.7M awarded to NCS).
May 9, 2023, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q1 revenues up 11% YoY to $43.6M; net loss of $(15.0)M includes $17.5M litigation provision

Revenue $43.6M, up 11% YoY; adjusted EBITDA $4.9M, up $2.6M YoY.
March 8, 2023, 6:59 PM ET leadership materiality 0.35 neutral item 5.02 ◈ executive_change ×2

NCS Multistage appoints Dewayne Williams as VP/Controller, principal accounting officer

Dewayne Williams appointed Vice President and Controller effective March 13, 2023; will serve as principal accounting officer.
March 6, 2023, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q4 net income $2.0M, revenue up 11% YoY; full-year revenue up 31% to $155.6M

Q4 revenue $40.2M (+11% YoY); net income $2.0M ($0.81 EPS) vs $1.7M ($0.68) in Q4 2021.
October 31, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

NCS Multistage Q3 revenue up 51% to $48.9M; CEO Nipper retiring, CFO Hummer to lead

Total revenues $48.9M (+51% YoY); net income $3.9M ($1.58 diluted EPS) vs $2.8M ($1.14) in Q3 2021.
October 25, 2022, 7:59 PM ET leadership materiality 0.50 neutral item 5.02

NCS Multistage CFO Michael Morrison to receive $350K in long-term incentive awards

RSU grant of $87,500 and equivalent stock units of $87,500, vesting in three equal annual installments from grant anniversary.
October 13, 2022, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change

NCS Multistage appoints Michael Morrison as CFO; Ryan Hummer becomes CEO effective Nov 1, 2022

Michael Morrison named CFO effective Nov 3, 2022; previously EVP/CFO at ION Geophysical.
August 1, 2022, 7:59 PM ET leadership materiality 0.70 positive item 5.02 item 7.01 item 9.01 ◈ executive_change ×3

NCS Multistage appoints Ryan Hummer as CEO effective Nov 1, 2022; founder Nipper retires but stays on Board

Founder and CEO Robert Nipper to retire effective November 1, 2022; remains on Board.
August 1, 2022, 7:59 PM ET earnings materiality 0.60 negative item 2.02 item 9.01

NCS Multistage Q2 net loss $5.5M ($2.25/share); revenue up 28% YoY to $27.5M

Total revenues $27.5M, +28% YoY, driven by higher North American activity.
June 2, 2022, 7:59 PM ET other materiality 0.15 neutral item 5.07

NCS Multistage stockholders elect three Class II directors, ratify Grant Thornton as auditor

Proposal 1: Matthew Fitzgerald, David McKenna, and Robert Nipper elected as Class II directors with over 1.69M votes each; 172,978 broker non-votes.
May 6, 2022, 7:59 PM ET debt materiality 0.50 neutral item 1.01 item 1.02 item 2.03 item 9.01

NCS Multistage enters $35M ABL credit facility, terminates prior Wells Fargo facility

Revolver up to $35M; borrowing base was $19.7M at inception; matures May 3, 2027.
May 5, 2022, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01

NCS Multistage Q1 revenue up 37% to $39.1M; net loss narrows to $1.5M

Revenue $39.1M, +37% YoY; net loss $(1.5M) vs $(3.4M) in Q1 2021; diluted EPS $(0.64).
March 7, 2022, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

NCS Q4 revenue $36.1M (+32% YoY), net income $1.7M; full-year loss narrows to $4.7M

Q4 revenue $36.1M, up 32% YoY and 11% sequentially; gross margin 44%.
November 1, 2021, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Revenue $32.4M (+99% YoY, +51% QoQ); net income $2.8M ($1.14 EPS) vs loss $5.9M YoY.
August 2, 2021, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

NCS Multistage Q2 revenue $21.5M (+146% YoY); net loss $(5.8)M improves YoY

Total revenue $21.5M, up 146% YoY, driven by higher North American drilling activity.