NOW Inc. (DNOW) Tops Q2 EPS by 15c

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NOW Inc. Reports Second Quarter 2020 Results

August 5, 2020 6:45 AM EDT

HOUSTON--(BUSINESS WIRE)-- NOW Inc. (NYSE: DNOW) announced results for the second quarter ended June 30, 2020.

Financial Highlights

Revenue was $370 million for the second quarter of 2020 Net loss was $30 million and non-GAAP net loss excluding other costs was $18 million for the second quarter of 2020 Diluted loss per share was $0.27 and non-GAAP diluted loss per share excluding other costs was $0.16 for the second quarter of 2020 Non-GAAP EBITDA excluding other costs for the second quarter of 2020 was a loss of $15 million, which includes the unfavorable... More