NCS Multistage Reports Q3 2024 Earnings with Revenue Growth and Margin Improvements
NCS Multistage (NCSM) reported Q3 2024 revenue of $44 million, up 15% year-over-year, driven by growth in U.S., Canada, and international markets. Adjusted gross margin improved to 42%, and adjusted EBITDA exceeded guidance at $7.1 million. The company also saw a 48% sequential revenue increase, though some regional segments experienced declines.
Tickers: $NCSM
Topics: earnings financial performance profitability revenue growth segment performance