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Sep 30, 2020
NOW Q3 2020 Earnings Report
Announced third quarter 2020 results, reflecting a decrease in revenue but strong cash flow.
Key Takeaways
NOW Inc. reported a revenue of $326 million for Q3 2020. The company experienced a net loss of $22 million, with a non-GAAP net loss of $17 million. Diluted loss per share was $0.20, and non-GAAP diluted loss per share was $0.16. The company's free cash flow was $57 million, and it holds $325 million in cash and cash equivalents with no long-term debt.
Revenue for the third quarter of 2020 was $326 million.
Net loss was $22 million, and non-GAAP net loss was $17 million for the third quarter of 2020.
Diluted loss per share was $0.20, and non-GAAP diluted loss per share was $0.16 for the third quarter of 2020.
Free cash flow for the third quarter of 2020 was $57 million.
Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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