NCS Multistage Q2 FY26 swings to net loss of $4.6 million; revenue rises 5% to $38.4 million
Reuters2026/07/30 20:34Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- NCS Multistage posted Q2 2026 revenue of $38.4 million, up 5% year over year.
- Net results swung to a loss of $4.6 million, or $(1.71) per share, from a profit a year earlier.
- Adjusted EBITDA (non-GAAP) slipped to $1.9 million from $2.2 million.
- Cash totaled $31.3 million at June 30, 2026; total debt was $7.5 million, consisting entirely of finance lease obligations.
- CEO Ryan Hummer cited revenue growth led by Repeat Precision and U.S. tracer diagnostics, while the Weatherford deal remains expected to close in H2 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NCS Multistage Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301610PRIMZONEFULLFEED9801182) on July 30, 2026, and is solely responsible for the information contained therein.
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