NOV - National Oilwell Varco GAAP EPS of $0.32 beats by $0.09 revenue of $1.96B in-line
2023-04-26 17:10:52 ET
- National Oilwell Varco press release ( NYSE: NOV ): Q1 GAAP EPS of $0.32 beats by $0.09 .
- Revenue of $1.96B (+26.5% Y/Y) in-line.
- Operating Profit of $126 million, down $36 million sequentially and up $147 million year-over-year.
- Adjusted EBITDA of $195 million, down $36 million sequentially and up $92 million year-over-year.
- New orders booked during the quarter totaled $407 million, representing a book-to-bill of 96 percent when compared to the $422 million of orders shipped from backlog.
- As of March 31, 2023, the Company had total debt of $1.73 billion, with $2.00 billion available on its primary revolving credit facility, and $774 million in cash and cash equivalents.
- Shares -5.44% AH.
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National Oilwell Varco GAAP EPS of $0.32 beats by $0.09, revenue of $1.96B in-line