Nine Energy Service reported Q1 revenue of $88.4 million and net income of $107.9 million, with earnings per share at $2.65.
Nine Energy Service reported first-quarter revenue of $88.4 million, alongside net income of $107.9 million, or $2.65 per diluted and basic share. Adjusted EBITDA for the predecessor period was $0.9 million.
The company’s revenue of $41.6 million in a prior period was also noted, though comparative context for the current quarter remains limited. The results reflect financial performance ahead of further operational updates.
Market reaction to the earnings release was not immediately detailed in the report.