DNOW Inc. reported revenue of $606 million and net income of $13 million for the third quarter of 2024. The company generated $72 million in free cash flow during the quarter and repurchased $7 million of common stock. They are on track to complete their $80 million share repurchase program this year.
Revenue was $606 million for Q3 2024.
Net income attributable to DNOW Inc. was $13 million, or $0.12 per diluted share.
Non-GAAP net income attributable to DNOW Inc. excluding other costs was $22 million, or $0.21 per diluted share.
Cash and cash equivalents was $261 million with no long-term debt.
Visualization of income flow from segment revenue to net income
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