Nine Energy Service Announces First Quarter 2018 Results
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Nine Energy Services (NINE) Misses Q1 EPS by 2c, Beats on Revenues
May 14, 2018 6:31 AM EDTNine Energy Services (NYSE: NINE) reported Q1 EPS of $0.08, $0.02 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $173.81 million versus the consensus estimate of $165.76 million.
Nines President and Chief Executive Officer, Ann Fox, commented, Nine continues to capitalize and execute on the improving macro backdrop, increasing adjusted EBITDA by 29% quarter over quarter and generating $17.3 million in cash flow from operations despite a use of net working capital due to... More
