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Newpark Resources Inc (NR) Q1 2021 Earnings Call Transcript


Greetings, and welcome to the Newpark Resources First Quarter Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce your host, Ken Dennard, Investor Relations for Newpark Resources. Thank you, Mr Dennard. You may begin.
Ken Dennard
Investor Relations
Thank you, operator and good morning, everyone. We appreciate you joining us for the Newpark Resources conference call and webcast to review first quarter 2021 results. Participating from the Company in today s call are Paul Howes, Newpark s President and Chief Executive Officer; Gregg Piontek, Chief Financial Officer; David Paterson, President of Fluids business; and Matthew Lanigan, President of the Industrial Solutions business. Following my remarks, management will provide a high level commentary on the financial details of the first quarter results and near-term outlook before turning the call over to Q&A. And then before I give the call to management, I have a few housekeeping d ....

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Newpark Resources Reports First Quarter 2021 Results


Newpark Resources Reports First Quarter 2021 Results
Industrial Solutions segment generates $53 million of revenues and 25% operating margin
First quarter cash provided by operating activities is $28 million; Debt reduced by $15 million
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THE WOODLANDS, Texas, May 4, 2021 /PRNewswire/ Newpark Resources, Inc. (NYSE: NR) ( Newpark or the Company ) today announced results for its first quarter ended March 31, 2021. Total revenues for the first quarter of 2021 were $141.2 million compared to $129.7 million for the fourth quarter of 2020 and $164.6 million for the first quarter of 2020. Net loss for the first quarter of 2021 was $5.4 million, or ($0.06) per share, compared to a net loss of $18.4 million, or ($0.20) per share, for the fourth quarter of 2020, and net loss of $12.1 million, or ($0.14) per diluted share, for the first quarter of 2020. ....

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AZZ Inc. Reports Fiscal Year 2021 Results; Generates Adjusted EPS of $2.11; Reported EPS of $1.52


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FORT WORTH, Texas, April 23, 2021 /PRNewswire/  AZZ Inc.
(NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services today issued its audited consolidated financial statements contained in the Company s Fiscal Year 2021 Annual Report on Form 10-K for the year ended February 28, 2021. 
Fiscal Year 2021 Overview and Recent Highlights:
Achieved 34
Reported earnings per share of $1.52 and reported net income of $39.6 million
Full Year adjusted earnings per share of $2.11 and adjusted net income of $55.0 million
Sales of $838.9 million, decreased by 21.0% compared to prior year
Metal Coatings segment full year results versus prior year: ....

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