Page 2 - நோவோச் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Press release content from Business Wire. The AP news staff was not involved in its creation. NOV Reports Fourth Quarter and Full Year 2020 Results February 4, 2021 GMT HOUSTON (BUSINESS WIRE) Feb 4, 2021 NOV Inc. (NYSE: NOV) today reported fourth quarter 2020 revenues of $1.33 billion, a decrease of four percent compared to the third quarter of 2020 and a decrease of 42 percent compared to the fourth quarter of 2019. Net loss for the fourth quarter of 2020 was $347 million, or -26.1 percent of sales, which included non-cash, pre-tax charges (“Other Items”, see Other Corporate Items for additional detail) of $236 million. Adjusted EBITDA (operating profit excluding depreciation, amortization, and Other Items) decreased $54 million sequentially to $17 million, or 1.3 percent of sales.

United statesClay williamsBlake mccarthyExchange commissionCompletion production solutions atCompletion production solutionsCorporate developmentSecurities exchangeNorth americaNorth americanProduction solutionsRig technologiesJones act compliantPower managementQuality tubingFloating production storage