2023-05-08 17:29:12 ET
- Nine Energy Service press release ( NYSE: NINE ): Q1 GAAP EPS of -$0.19 misses by $0.27 .
- Revenue of $163.4M (+39.8% Y/Y) beats by $1.3M .
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As of March 31, 2023, Nine’s cash and cash equivalents were $21.4 million, and the Company had $26.0 million of availability under the revolving credit facility, resulting in a total liquidity position of $47.4 million as of March 31, 2023. On March 31, 2023, the Company had $72.0 million of borrowings under the revolving credit facility.
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Nine Energy Service GAAP EPS of -$0.19 misses by $0.27, revenue of $163.4M beats by $1.3M