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NexTier Oilfield Solutions Inc.

NEX•NYSE
Energy
Oil & Gas Equipment & Services
$10.61
$0.10(0.95%)
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Over the last four quarters, NexTier Oilfield Solutions Inc. achieved steady financial progress, growing revenue from $896.01M in Q3 2022 to $945.09M in Q2 2023. Gross profit stayed firm with margins at 22% in Q2 2023 versus 17% in Q3 2022. Operating income totaled $105.02M in Q2 2023, maintaining a 11% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $168.52M. Net income dropped to $150.06M, with EPS at $0.66. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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