National Energy Services Reunited reports stronger-than-expected Q1 results with 33.5% year-over-year revenue growth.
National Energy Services Reunited (NESR) posted Q1 non-GAAP earnings per share of $0.26, exceeding estimates by $0.05. Revenue reached $404.6 million, up 33.5% year-over-year and $33.73 million above consensus.
The company’s operating cash flow for the quarter ended March 31, 2026, rose 50.1% year-over-year to $30.7 million. Analysts had anticipated lower revenue and earnings, making the beat notable amid sector challenges.
Shares may react positively to the stronger-than-expected financial performance and cash flow growth.