NOV Inc (NOV) Misses Q3 EPS by 9c

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Go back to NOV Inc (NOV) Misses Q3 EPS by 9c

NOV Reports Third Quarter 2022 Earnings

October 27, 2022 5:00 PM EDT

Revenue of $1.89 billion, up 9% sequentially and 41% year-over-year Operating Profit of $55 million, down $13 million sequentially and up $98 million year-over-year Net Income of $32 million, or $0.08 per fully diluted share Adjusted EBITDA* of $195 million, up $45 million sequentially and $139 million year-over-year

*Adjusted EBITDA is a non-GAAP measure, see Non-GAAP Financial Measures and Reconciliation of Adjusted EBITDA to Net Income (Loss) below.

HOUSTON--(BUSINESS WIRE)-- NOV Inc. (NYSE: NOV) today reported third quarter 2022 revenues of $1.89 billion, an increase of 9 percent compared to... More