Nine Energy Services (NINE) Misses Q4 EPS by 36c, Revenues Beat

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Nine Energy Service Announces Fourth Quarter and Full Year 2020 Results

March 8, 2021 6:30 AM EST

As of December 31, 2020, cash and cash equivalents of $68.9 million Full year 2020 revenue, net loss and adjusted EBITDAA of $310.9 million, $(378.9) million and $(25.8) million, respectively Revenue, net loss and adjusted EBITDA of $62.0 million, $(35.4) million and $(13.9) million, respectively, for the fourth quarter of 2020 Fourth quarter 2020 basic loss per share of $(1.18)

HOUSTON--(BUSINESS WIRE)-- Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2020 revenues of $62.0 million, net loss of $(35.4) million and adjusted EBITDA of $(13.9) million. For the fourth quarter 2020, adjusted net lossB was $(35.7) million,... More