Nine Energy Services (NINE) Misses Q3 EPS by 16c; Offers Q4 23 Revenue Guidance
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Nine Energy Service Announces Third Quarter 2023 Results
November 6, 2023 5:15 PM ESTRevenue, net loss and adjusted EBITDAA of $140.6 million, $(13.3) million and $11.6 million, respectively, for the third quarter of 2023 Cash and cash equivalents of $12.2mm as of September 30, 2023, have increased to $34.8mm as of October 31, 2023 Expect fourth quarter 2023 revenue and earnings to be flat to slightly up sequentially to third quarter 2023
HOUSTON--(BUSINESS WIRE)-- Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2023 revenues of $140.6 million, net loss of $(13.3) million, or $(0.39) per diluted share and $(0.39) per basic share, and adjusted EBITDA of $11.6 million. The Company had... More
