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Mar 31, 2021
NOW Q1 2021 Earnings Report
Reported positive results driven by strong sequential revenue growth.
Key Takeaways
NOW Inc. reported first quarter 2021 results with a revenue of $361 million. The company achieved break-even EBITDA a quarter early and remains debt-free, providing strategic and balance sheet flexibility.
Revenue for Q1 2021 was $361 million.
Net loss for Q1 2021 was $10 million, with a non-GAAP net loss of $5 million.
Diluted loss per share was $0.09, and non-GAAP diluted loss per share was $0.04.
Cash and cash equivalents were $374 million at the end of Q1 2021.
Revenue by Geographic Location
Forward Guidance
The company will continue to innovate, focus on both legacy and emerging end-markets, invest in DigitalNOW® technologies, and advance a customer order fulfillment migration to improve competitiveness.
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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