NOW Inc. Reports Second Quarter 2019 Results

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

August 2, 2019 6:47 AM EDT

DistributionNOW Inc. (NYSE: DNOW) reported Q2 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $776 million versus the consensus estimate of $767.22 million.

Revenue was $776 million for the second quarter of 2019, relatively flat year over year.Net income was $14 million for the second quarter of 2019, unchanged from a year ago. Non-GAAP net income excluding other costs was $10 million for the second quarter of both 2019 and 2018.Diluted... More