Nine Energy Service Announces First Quarter 2021 Results
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Nine Energy Services (NINE) Tops Q1 EPS by 43c, Revenues Miss
May 6, 2021 7:46 AM EDTNine Energy Services (NYSE: NINE) reported Q1 EPS of ($0.28), $0.43 better than the analyst estimate of ($0.71). Revenue for the quarter came in at $66.63 million versus the consensus estimate of $67.77 million.
While overall market activity improved quarter over quarter, we saw a much slower start in January versus last year, coupled with weather-related shut-downs in February, said Ann Fox, President and Chief Executive Officer, Nine Energy Service. Despite EIA reported completed wells decreasing... More
