Nine Energy Service (NINE) Reports Q4 Loss, Tops Revenue Estimates
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Nine Energy Service (NINE) reported a Q4 loss of $0.22 per share, which was better than the Zacks Consensus Estimate of a $0.24 loss. This is an improvement from the $0.30 loss per share reported a year ago.
March 06, 2025 | 12:45 am
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Nine Energy Service reported a Q4 loss of $0.22 per share, better than the expected $0.24 loss, and an improvement from last year's $0.30 loss.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to have a positive short-term impact on NINE's stock price. The improvement from the previous year's loss also suggests positive momentum.
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