Loading...
NexTier Oilfield Solutions Inc.
NEX•NYSE
Energy
Oil & Gas Equipment & Services
$10.61
$0.10(0.95%)

The company's financials show resilient growth, with revenue advancing from $896.01M in Q3 2022 to $945.09M in Q2 2023. Gross profit remained healthy with margins at 22% in Q2 2023 compared to 17% in Q3 2022. Operating income hit $105.02M last quarter, sustaining a consistent 11% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $168.52M. Net income dropped to $150.06M, while earnings per share reached $0.66. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan