NCS Multistage Holdings, Inc. (NASDAQ:NCSM) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.16 per share.
Looking ahead, the full year loss are expected at $ 0.47 per share on the revenues of $ 98.00 million.
Previous Quarter Performance
NCS Multistage Holdings, Inc. communicated loss for the second quarter of $ 0.20 per share, from the revenue of $ 8.73 million. The quarterly revenues reduced 78.05 percent compared with the same quarter last year. Wall street analysts are predicting, NCSM to report 2Q20 loss of $ 0.27 per share from revenue of $ 14.57 million. The bottom line results beat street analysts by $ 0.07 or 25.93 percent, at the same time, top line results fell short of analysts by $ 5.84 million or 40.08 percent.
Stock Performance
Shares of NCS Multistage Holdings, Inc. traded up $ 0.03 or 3.97 percent on Tuesday, reaching $ 0.76 with volume of 35.50 thousand shares. NCS Multistage Holdings, Inc. has traded high as $ 0.77 and has cracked $ 0.73 on the downward trend
According to the previous trading day, closing price of $ 0.76, representing a 138.71 % increase from the 52 week low of $ 0.31 and a 70.75 % decrease over the 52 week high of $ 2.53.
The company has a market capital of $ 36.06 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States, Canada, and internationally. The companys products include casing-installed sliding sleeves, downhole frac isolation assemblies, sand jet perforating products, spotfrac systems, ballshift sliding sleeves, airlock casing buoyancy systems, liner hanger systems, and spectrum tracer services.
