Nine Energy Services (NINE) Tops Q1 EPS by 43c, Revenues Miss

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Nine Energy Service Announces First Quarter 2021 Results

May 6, 2021 6:30 AM EDT

As of March 31, 2021, cash and cash equivalents of $53.0 million During Q1, repurchased additional bonds with a face value of $26.3 million for a total purchase price of $8.4 million, leaving $320.3 million of senior notes outstanding Revenue, net loss and adjusted EBITDAA of $66.6 million, $(8.2) million and $(3.4) million, respectively, for the first quarter of 2021 First quarter basic loss per share of $(0.28)

HOUSTON--(BUSINESS WIRE)-- Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2021 revenues of $66.6 million, net loss of $(8.2) million, or $(0.28) basic loss per share,... More