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Jun 30, 2020
NOW Q2 2020 Earnings Report
NOW Inc. reported results for the second quarter ended June 30, 2020.
Key Takeaways
NOW Inc. reported a revenue of $370 million for the second quarter of 2020. The net loss was $30 million, with a non-GAAP net loss of $18 million excluding other costs. The diluted loss per share was $0.27, and the non-GAAP diluted loss per share was $0.16 excluding other costs. Cash and cash equivalents stood at $269 million, and free cash flow was $66 million.
Revenue for the second quarter of 2020 was $370 million.
Net loss for the second quarter of 2020 was $30 million; non-GAAP net loss excluding other costs was $18 million.
Diluted loss per share was $0.27, and non-GAAP diluted loss per share excluding other costs was $0.16 for the second quarter of 2020.
Cash and cash equivalents was $269 million and free cash flow was $66 million at June 30, 2020.
Revenue by Geographic Location
Forward Guidance
NOW Inc. is building a resilient model to drive long-term growth, fortifying its upstream position while diversifying and investing in the midstream, downstream and industrial end markets.
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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