Loading...
•
Jun 30, 2024
NOW Q2 2024 Earnings Report
DNOW Inc. reported second quarter results for 2024.
Key Takeaways
DNOW Inc. announced second quarter results with revenue of $633 million and net income of $24 million, or $0.21 per diluted share. The company delivered $50 million in EBITDA and produced $18 million in free cash flow. They also repurchased $10 million in shares.
Revenue was $633 million for the second quarter of 2024
Net income attributable to DNOW Inc. was $24 million, or $0.21 per diluted share, for the second quarter of 2024.
Non-GAAP net income attributable to DNOW Inc. excluding other costs was $28 million, or $0.25 per diluted share, for the second quarter of 2024.
Cash and cash equivalents was $197 million at June 30, 2024 with total liquidity of approximately $579 million
Revenue by Geographic Location
Forward Guidance
Company is on a path to complete the $80 million share repurchase program this year. They continue to execute on their strategy to bolster DNOW’s capabilities and expand their core market, while further penetrating into midstream, energy evolution and adjacent industrial markets, providing additional opportunities for growth.
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
Loading earnings performance data...
Loading earnings reaction data...