NCS Multistage Holdings Q2 Adj $(1.03) Beats $(1.23) Estimate, Sales $29.69M Beat $28.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
NCS Multistage Holdings (NASDAQ:NCSM) reported Q2 losses of $(1.03) per share, beating the analyst estimate of $(1.23). Sales were $29.69 million, surpassing the $28.50 million estimate. This marks a significant improvement from the previous year.
July 31, 2024 | 9:07 pm
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NCS Multistage Holdings reported better-than-expected Q2 results with losses of $(1.03) per share, beating the $(1.23) estimate. Sales also exceeded expectations at $29.69 million. This represents a significant improvement from the previous year.
The better-than-expected earnings and sales figures indicate a positive short-term impact on NCSM's stock price. The significant improvement from the previous year further supports this outlook.
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