Nine Energy Service Announces Second Quarter 2020 Results
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Nine Energy Services (NINE) Misses Q2 EPS by 13c, Revenues Miss
August 6, 2020 8:25 AM EDTNine Energy Services (NYSE: NINE) reported Q2 EPS of ($1.13), $0.13 worse than the analyst estimate of ($1.00). Revenue for the quarter came in at $52.74 million versus the consensus estimate of $60.55 million.
As of June 30, 2020, cash and cash equivalents of $88.7 millionRevenue, net loss and adjusted EBITDAA of $52.7 million, $(24.2) million and $(11.0) million, respectively, for the second quarter of 2020Second quarter basic EPS of $(0.81)In response to... More
