NINE FY 2023 Earnings — Nine Energy Service, Inc. Revenue & Financial Results | Market Cap Arena

NINENine Energy Service, Inc.

$537247

FY 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$610M+2.7% YoY

Gross Profit

$78M12.8% margin

Operating Income

$18M2.9% margin

Net Income

-$32M-5.3% margin

EPS (Diluted)

$-0.97

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$21M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$402M

Total Liabilities

$438M

Stockholders' Equity

-$36M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$610M	$593M	+2.7%
Gross Profit	$78M	$96M	-18.7%
Operating Income	$18M	$44M	-59.7%
Net Income	-$32M	$14M	-323.8%