DNOW - NOW EPS beats by $0.03 beats on revenue

NOW (NYSE:DNOW): Q3 Non-GAAP EPS of $0.05 beats by $0.03; GAAP EPS of $0.05 beats by $0.02. Revenue of $439M (+34.7% Y/Y) beats by $16.2M. Press Release Cash and cash equivalents was $312M and long-term debt was zero at September 30, 2021 Free cash flow for the third quarter of 2021 was $22M David Cherechinsky, President and CEO said, "Looking ahead to full-year 2021 results, we expect revenue to be largely unchanged from full-year 2020. However, with stronger gross margins and a now much leaner cost structure, we anticipate full-year 2021 EBITDA improvement over full-year 2020 to be near $90 million, representing a fundamental shift in the capabilities of the Company and its earnings potential, laying the groundwork for a strong 2022.”

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NOW EPS beats by $0.03, beats on revenue