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NCS Multistage Holdings, Inc. Announces Fourth Quarter and Full Year 2020 Results
NCS Multistage Holdings, Inc.March 1, 2021 GMT
Fourth Quarter Results
Total revenues of $27.4 million, a 47% year-over-year decrease and a 68% increase from the third quarter of 2020
Net income of $8.6 million and earnings per diluted share of $3.59; adjusted net loss of $(6.4) million and adjusted loss per diluted share of $(2.70)
Adjusted EBITDA of $3.0 million, an increase of $5.1 million from the third quarter of 2020
$25.7 million gain realized from the settlement of the final court judgment against Diamondback Industries
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