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Mar 31, 2020
NOW Q1 2020 Earnings Report
NOW Inc. reported first quarter 2020 results.
Key Takeaways
NOW Inc. reported a revenue of $604 million for Q1 2020, with a net loss of $331 million and a non-GAAP net loss of $8 million. The company had $202 million in cash and cash equivalents and zero long-term debt at the end of the quarter.
Revenue for the first quarter of 2020 was $604 million.
Net loss for the first quarter of 2020 was $331 million, while non-GAAP net loss was $8 million.
Diluted loss per share was $3.03, and non-GAAP diluted loss per share was $0.07.
Cash and cash equivalents were $202 million at the end of the quarter.
Revenue by Geographic Location
Forward Guidance
Company expects to generate approximately $100 million of warehousing, selling and administrative savings in 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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