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NCS Multistage Holdings Inc. (NASDAQ: NCSM) delivers innovative engineered solutions for oil and natural gas well completions through its patented fracturing technology. This news hub provides investors and industry professionals with comprehensive updates on the company's operational developments, technical advancements, and market positioning.
Access authoritative reporting on NCSM's patented Multistage Unlimited® system deployments, strategic partnerships, and financial performance. Our curated news collection covers earnings announcements, technology patents, international expansion efforts, and operational efficiency milestones within the energy services sector.
Key updates include developments in coiled tubing applications, unconventional reservoir projects, and environmental efficiency initiatives. Bookmark this page for real-time insights into NCSM's North American operations and global expansion into markets including the North Sea and Middle East.
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.
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