Brief: Ncs Multistage Holdings, Inc Announces Third Quarter 2020 Results

NCS Multistage Holdings

04/11/2020 22:45

Nov 4 (Reuters) - NCS Multistage Holdings Inc  NCSM.O :
    * NCS MULTISTAGE HOLDINGS, INC. ANNOUNCES THIRD QUARTER 2020
RESULTS
    * Q3 ADJUSTED LOSS PER SHARE $0.10 EXCLUDING ITEMS
    * Q3 LOSS PER SHARE $0.12
    * Q3 REVENUE $16.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$15.4
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $-0.16 -- REFINITIV IBES
DATA
    * NCS MULTISTAGE HOLDINGS - CURRENTLY ANTICIPATE THAT IN
U.S. WILL
CONTINUE TO SEE MODEST IMPROVEMENTS IN HORIZONTAL RIG COUNT
THROUGH Q4
    * NCS MULTISTAGE HOLDINGS - CURRENTLY ANTICIPATE AVERAGE
LEVEL OF
COMPLETIONS ACTIVITY IN Q4 WILL ALSO INCREASE MODESTLY AS
COMPARED TO Q3
    * NCS MULTISTAGE HOLDINGS - EXPECT AVERAGE CANADIAN RIG
COUNT TO
STAY WELL ABOVE AVERAGE Q3 LEVELS THROUGHOUT Q4
    * CURRENTLY EXPECT THAT INTERNATIONAL ACTIVITY WILL FALL
SLIGHTLY
DURING Q4

Source text for Eikon:  ID:nGNX5t45k7 
Further company coverage:  NCSM.O 

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