Mar. 10 at 10:09 PM
$NCSM NCS Multistage reports Q4 EPS
$2.27 vs. 36c last year
Reports Q4 revenue $
$45M, consensus
$40.6M. Reports adjusted EBITDA of
$8.2M , compared to
$2.5M in the fourth quarter of 2023 ;
$25.9M in cash and
$8.1M in debt as of December 31. " Our adjusted net income for the fourth quarter of 2024 was
$6M , or
$2.27 per diluted share, compared to adjusted net loss of $(0.9M) or $(0.36) per share in 2023, which excludes the reversal of the litigation provision, net of recoveries, noted above.
Adjusted EBITDA was
$8.2M for the quarter ended December 31 an increase of
$5.7M compared to the same period a year ago. This improvement is primarily the result of an increase in revenue, including higher-margin international projects, and increased royalty income, partially offset by higher SG&A expenses. Our resulting Adjusted EBITDA margin was 18% for the quarter ended December 31, 2024, compared to 7% for the same period a year ago.
