Welcome to our dedicated page for Now news (Ticker: DNOW), a resource for investors and traders seeking the latest updates and insights on Now stock.
DNOW Inc. (NYSE: DNOW) serves as a critical hub for energy and industrial supply chain solutions, combining 160+ years of distribution expertise with cutting-edge DigitalNOW technologies. This news center provides stakeholders with essential updates spanning financial disclosures, operational developments, and strategic partnerships.
Investors and industry professionals will find comprehensive coverage of earnings announcements, product innovations, and market expansion initiatives. Our curated news stream includes verified updates on DNOW's quality management advancements, digital solution deployments, and supply chain optimization efforts across upstream, midstream, and downstream energy sectors.
The repository features timely information on strategic acquisitions, technology partnerships, and sustainability initiatives, reflecting DNOW's role in shaping industrial distribution standards. All content undergoes rigorous verification to ensure accuracy and relevance for decision-makers.
Bookmark this page for direct access to DNOW's official communications and third-party analyses. Regular updates provide insights into how the company's ISO 9001-certified operations and digital commerce platforms continue redefining industrial supply chain efficiency.
DNOW Inc. (NYSE: DNOW) reported their first quarter 2024 results, showcasing impressive financial performance. The company generated $81 million in cash from operating activities and $563 million in revenue. Net income attributable to DNOW Inc. was $21 million, or $0.19 per diluted share. EBITDA reached $39 million, and the company completed the acquisition of Whitco Supply for $185 million in cash, bolstering their capabilities in the U.S. midstream market. With a debt-free balance sheet, $188 million in cash, and total liquidity of approximately $564 million, DNOW's CEO is optimistic about the company's future growth prospects, upgrading their 2024 full-year revenue outlook to a mid-to-high single-digit percentage range.
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