NCS Multistage Holdings, Inc. (NCSM) Misses Q4 EPS by 44c

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Go back to NCS Multistage Holdings, Inc. (NCSM) Misses Q4 EPS by 44c

NCS Multistage Holdings, Inc. Announces Fourth Quarter and Full Year 2022 Results

March 6, 2023 4:15 PM EST

Fourth Quarter Results

Total revenues of $40.2 million, an 11% year-over-year increaseNet income of $2.0 million, compared to $1.7 million for the fourth quarter of 2021, a $0.3 million improvement resulting in earnings per diluted share of $0.81Adjusted EBITDA of $6.4 million, slightly below the fourth quarter of 2021$16.2 million in cash and $7.9 million of total debt as of December 31, 2022

Full Year Results

Total revenues of $155.6 million, a 31% increase over the prior yearNet loss of $(1.1) million, compared to a net loss of $(4.7) million in 2021, a $3.6 million improvement resulting in loss per diluted share... More