DistributionNOW, Inc. (DNOW) Reports In-Line Q2 EPS

DistributionNOW, Inc. (NYSE: DNOW) reported Q2 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $651 million versus the consensus estimate of $675.65 million.

Second Quarter 2017 Financial Highlights

• Revenue was $651 million for the second quarter of 2017, up 30 percent year over year.
• Net loss was $17 million for the second quarter of 2017, versus $44 million a year ago. Non-GAAP net loss excluding other costs was $11 million compared to $44 million in the second quarter of 2016.
• Diluted loss per share was $0.16 for the second quarter of 2017 compared to $0.40 a year ago. Non-GAAP diluted loss per share excluding other costs was $0.10 for the second quarter of 2017 compared to $0.40 in the second quarter of 2016.
• Non-GAAP EBITDA excluding other costs for the second quarter of 2017 was a loss of $2 million compared to a loss of $42 million in the second quarter of 2016.

For earnings history and earnings-related data on DistributionNOW, Inc. (DNOW) click here.

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