NINE Q4 2023 Earnings — Nine Energy Service, Inc. Revenue & Financial Results | Market Cap Arena

NINENine Energy Service, Inc.

$537247

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$144M-13.6% YoY

Gross Profit

$16M10.9% margin

Operating Income

$2M1.5% margin

Net Income

-$10M-7.2% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$16M

Stock-Based Comp.

$578,000

Balance Sheet

Total Assets

$402M

Total Liabilities

$438M

Stockholders' Equity

-$36M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$144M	$167M	-13.6%
Gross Profit	$16M	$30M	-47.5%
Operating Income	$2M	$16M	-86.6%
Net Income	-$10M	$8M	-229.1%

Revenue Segments

Cement

$52M36%

Tools

$36M25%

Wireline

$28M19%

Coiled Tubing

$28M19%