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National Energy Services Reunited Q3 Non-GAAP EPS Beats Estimates

Revenue climbed 70.9% year over year to $504.7 million. Shares rose 4% in premarket trading.

A blank earnings sheet stands on a matte ochre plinth / TokenPost.ai
A blank earnings sheet stands on a matte ochre plinth / TokenPost.ai

National Energy Services Reunited Corp. (NESR) posted third-quarter non-GAAP earnings above estimates, while revenue rose 70.9% from a year earlier to $504.7 million and also topped forecasts.

Non-GAAP earnings were $0.38 per share, beating estimates by $0.02. Revenue exceeded estimates by $8.77 million. NESR shares rose 4% in premarket trading.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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