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Mar 31, 2021
MRC Global Q1 2021 Earnings Report
Reported a sequential sales increase and a stronger bottom line, driven by an improved business environment.
Key Takeaways
MRC Global announced first quarter 2021 results with sales of $609 million, a 5% sequential increase. The company reported a net loss attributable to common stockholders of ($9) million and adjusted EBITDA of $24 million. Cash flow from operations was $24 million.
Sales were $609 million, a 5% sequential increase from the fourth quarter of 2020.
Net loss attributable to common stockholders was ($9) million, or ($0.11) per diluted share.
Adjusted EBITDA was $24 million.
Cash flow from operations was $24 million.
MRC Global
MRC Global
MRC Global Revenue by Segment
MRC Global Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income