Recap: NCS Multistage Holdings Q4 Earnings
Portfolio Pulse from Benzinga Insights
NCS Multistage Holdings (NASDAQ:NCSM) reported Q4 earnings with a significant miss, having an EPS of $-0.36 against an estimate of $1.18. Revenue also decreased by $4.94 million from the previous year. This follows a pattern from the last quarter where the company missed EPS estimates, resulting in a 5.0% share price drop the following day.
March 07, 2024 | 9:55 pm
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NCS Multistage Holdings reported a significant miss in Q4 earnings with an EPS of -$0.36 against an estimate of $1.18, and a revenue decrease of $4.94 million from the previous year.
The significant miss in both EPS and revenue, combined with the historical context of a share price drop following last quarter's earnings miss, suggests a likely negative short-term impact on NCSM's stock price.
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