NOW Inc. reported a revenue of $319 million for Q4 2020. The company's net loss was $44 million, with a non-GAAP net loss of $28 million. The company's cash and cash equivalents was $387 million and free cash flow was $55 million.
Revenue was $319 million for the fourth quarter of 2020
Net loss was $44 million and non-GAAP net loss excluding other costs was $28 million for the fourth quarter of 2020
Diluted loss per share was $0.40 and non-GAAP diluted loss per share excluding other costs was $0.25 for the fourth quarter of 2020
Free cash flow for the fourth quarter of 2020 was $55 million
Company has profound cost transformation, buoyed by favorable oil price trends, the completion of our first acquisition of the year, the promise of vaccines, and a hunger for getting back to life as we once enjoyed it, all give us plenty to be excited about as we enter 2021.
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