NOV Inc (NOV) Tops Q4 EPS by 3c

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Go back to NOV Inc (NOV) Tops Q4 EPS by 3c

NOV Reports Fourth Quarter and Full Year 2022 Results

February 6, 2023 5:00 PM EST

Revenue of $2.07 billion, up 10% sequentially and 37% year-over-year Operating Profit of $162 million, up $107 million sequentially and $177 million year-over-year Net Income of $104 million, or $0.26 per fully diluted share Adjusted EBITDA* of $231 million, up $36 million sequentially and $162 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 fourth quarter 2022 revenues of $2.07 billion, an increase of 10 percent compared to the third... More