NCS Multistage Holdings, Inc. - $NCSM STOCK NEWS

NCS Multistage Holdings, Inc. will present at the Sidoti Virtual Investor Conference on May 8, 2024. The CEO, Ryan Hummer, will discuss the company's products and services for oil and natural gas well construction. NCS offers engineered products to exploration and production companies in North America and international markets. The company's common stock trades on the Nasdaq Capital Market under the symbol 'NCSM'.

NCS Multistage Holdings, Inc. announced that CEO Ryan Hummer will present at the Emerging Growth Conference on May 8, 2024. The company is a key player in providing engineered products for oil and gas well construction. NCS operates in North America and international markets such as the North Sea, the Middle East, Argentina, and China. Their stock is traded on Nasdaq under the symbol NCSM.

NCS Multistage Holdings, Inc. announced first quarter 2024 results with total revenues of $43.9 million, a 1% year-over-year increase and a 24% sequential increase. The net income was $2.1 million with earnings per diluted share of $0.82. Adjusted net income was $2.5 million, and adjusted EBITDA increased to $6.1 million. The company had $14.0 million in cash and $8.9 million in total debt as of March 31, 2024.

NCS Multistage Holdings, Inc. is set to announce its first quarter 2024 earnings and host a conference call on May 2, 2024. The company provides products and services for oil and gas well construction and completions, catering to both domestic and international markets.

Stonegate Capital Partners updates coverage on NCS Multistage Holdings, Inc. (NCSM) highlighting growing market share, expansion beyond North America, and achieving cash flow positivity.

NCS Multistage Holdings, Inc. (NCSM) reported fourth-quarter total revenues of $35.2 million, a decrease of 12% from 2022, with a net income of $39.6 million and earnings per diluted share of $15.80. Adjusted net loss was $(0.9) million. Full-year 2023 revenues were $142.5 million, a decrease of 8% from 2022, with a net loss of $(3.2) million. Adjusted EBITDA for the year was $11.9 million. NCS settled a legal matter in Texas, resulting in no cash payments by the Company.

NCS Multistage Holdings, Inc. to Discuss Q4 and Full Year 2023 Results in Conference Call

NCS Multistage Holdings, Inc. (NCSM) settled outstanding litigation with Boyd & McWilliams, with the insurance carrier paying all settlement amounts, resulting in no cash payments by NCS. The company had accrued a provision for litigation of $40.8 million as of September 30, 2023, which is expected to be fully offset during the fourth quarter of 2023 with a benefit from the settlement. NCS does not have any outstanding litigation related to property damage claims, as previous litigation in Wyoming was settled in August 2023. NCS is a leading provider of highly engineered products and support services for oil and natural gas well construction, completions, and field development strategies, traded on the Nasdaq Capital Market under the symbol 'NCSM.'

NCS Multistage Holdings, Inc. reported total revenues of $38.3 million in Q3 2023, a 22% decrease compared to the same period in 2022. Net income was $4.4 million, with earnings per diluted share of $1.77. Adjusted EBITDA was $6.8 million, a decrease of $1.6 million from Q3 2022. The company had $11.4 million in cash and $8.3 million of total debt as of September 30, 2023.