Stonegate Updates Coverage on NCS Multistage Holdings, Inc. (NCSM) 2024 Q3
NCS Multistage Holdings (NASDAQ: NCSM) reported strong financial results for Q3 2024, with total revenues reaching $44.0 million, marking a 15% increase year-over-year. The company's liquidity position strengthened to $37.0 million, up from $33.0 million in Q2 2024, significantly exceeding its debt of $8.6 million. The company also achieved an adjusted EBITDA of $7.1 million, representing a $0.3 million improvement compared to the previous year.
NCS Multistage Holdings (NASDAQ: NCSM) ha riportato risultati finanziari solidi per il terzo trimestre del 2024, con ricavi totali che hanno raggiunto 44,0 milioni di dollari, segnando un aumento del 15% rispetto all'anno precedente. La posizione di liquidità dell'azienda è migliorata a 37,0 milioni di dollari, in aumento rispetto ai 33,0 milioni di dollari del secondo trimestre del 2024, superando significativamente il suo debito di 8,6 milioni di dollari. L'azienda ha inoltre registrato un EBITDA adjusted di 7,1 milioni di dollari, che rappresenta un miglioramento di 0,3 milioni di dollari rispetto all'anno scorso.
NCS Multistage Holdings (NASDAQ: NCSM) reportó resultados financieros sólidos para el tercer trimestre de 2024, con ingresos totales alcanzando 44,0 millones de dólares, marcando un aumento del 15% en comparación con el año anterior. La posición de liquidez de la empresa se fortaleció a 37,0 millones de dólares, aumentando desde los 33,0 millones de dólares en el segundo trimestre de 2024, superando significativamente su deuda de 8,6 millones de dólares. La empresa también logró un EBITDA ajustado de 7,1 millones de dólares, representando una mejora de 0,3 millones de dólares en comparación con el año pasado.
NCS 멀티스테이지 홀딩스 (NASDAQ: NCSM)는 2024년 3분기 강력한 재무 결과를 보고하였으며, 총 수익은 4400만 달러에 달하여 전년 대비 15% 증가했습니다. 회사의 유동성 위치는 3700만 달러로 강화되었으며, 이는 2024년 2분기 3300만 달러에서 증가한 것으로, 860만 달러의 부채를 크게 초과했습니다. 회사는 또한 710만 달러의 조정된 EBITDA를 달성하여 전년 대비 30만 달러의 개선을 나타냈습니다.
NCS Multistage Holdings (NASDAQ: NCSM) a publié de solides résultats financiers pour le troisième trimestre 2024, avec des revenus totaux atteignant 44,0 millions de dollars, marquant une augmentation de 15% par rapport à l'année précédente. La position de liquidité de l'entreprise s'est renforcée à 37,0 millions de dollars, en hausse par rapport aux 33,0 millions de dollars du deuxième trimestre 2024, dépassant largement sa dette de 8,6 millions de dollars. L'entreprise a également réalisé un EBITDA ajusté de 7,1 millions de dollars, représentant une amélioration de 0,3 million de dollars par rapport à l'année dernière.
NCS Multistage Holdings (NASDAQ: NCSM) berichtete über starke finanzielle Ergebnisse für das dritte Quartal 2024, mit Gesamterlösen von 44,0 Millionen Dollar, was einem Anstieg von 15% im Vergleich zum Vorjahr entspricht. Die Liquiditätsposition des Unternehmens verbesserte sich auf 37,0 Millionen Dollar, von 33,0 Millionen Dollar im 2. Quartal 2024, was die Verbindlichkeiten von 8,6 Millionen Dollar deutlich überstieg. Das Unternehmen erzielte zudem ein angepasstes EBITDA von 7,1 Millionen Dollar, was eine Verbesserung von 0,3 Millionen Dollar im Vergleich zum Vorjahr darstellt.
- Revenue growth of 15% year-over-year to $44.0 million
- Improved liquidity position to $37.0M from $33.0M in Q2
- Strong balance sheet with liquidity exceeding debt by $28.4M
- Adjusted EBITDA increase of $0.3M year-over-year to $7.1M
- None.
Insights
The Q3 results show meaningful operational improvements for this small-cap oilfield services company.
Dallas, Texas--(Newsfile Corp. - November 5, 2024) - NCS Multistage Holdings, Inc. (NASDAQ: NCSM): Stonegate Capital Partners updates their coverage on NCS Multistage Holdings, Inc. (NASDAQ: NCSM).
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Total revenues of
$44.0 million , a15% year-over-year improvement. - NCSM reported a liquidity position of
$37.0M , an increase from$33.0M (2Q24). Comparing favorably to$8.6M in debt. - Adjusted EBITDA of
$7.1 million , a$0.3 million year-over-year improvement.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228962
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