Nine Energy Services (NINE) Misses Q1 EPS by 2c, Beats on Revenues

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Nine Energy Service Announces First Quarter 2018 Results

May 14, 2018 6:30 AM EDT

Revenue, Net Income and Adjusted EBITDAA of $173.8 million, $1.7 million and $24.1 million, respectively for the first quarter of 2018 First quarter 2018 Revenue and Adjusted EBITDA increased approximately 13% and 29%, respectively over the fourth quarter 2017 First quarter 2018 ROICB of 3%

HOUSTON--(BUSINESS WIRE)-- Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2018 revenues of $173.8 million, net income of $1.7 million and adjusted EBITDA of $24.1 million. First quarter 2018 revenues increased approximately 13% as compared to the fourth quarter 2017 revenues of $154.3... More