NOW Inc. Reports Second Quarter 2020 Results
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Now Inc (DNOW) PT Raised to $10 at Cowen Due to Aggressive Right-Sizing and Diversification
August 6, 2020 10:40 AM EDTCowen analyst Jonathan Hunter raised the price target on Now Inc (NYSE: DNOW) to $10.00 (from $9.00) while maintaining an Outperform rating, citing aggressive right sizing of the business, focusing on diversification to traditionally less volatile midstream, downstream, industrial, and alternative end energy markets, zero... More
NOW Inc. (DNOW) Tops Q2 EPS by 15c
August 5, 2020 6:48 AM EDTNOW Inc. (NYSE: DNOW) reported Q2 EPS of ($0.16), $0.15 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $370 million versus the consensus estimate of $369.96 million.
Financial Highlights
Revenue was $370 million for the second quarter of 2020Net loss was $30 million and non-GAAP net loss excluding other costs was $18 million for the second quarter of 2020Diluted loss per share was $0.27 and non-GAAP diluted loss per share excluding other costs was $0.16 for the second quarter of... More