NOV Reports Third Quarter Revenue Beat and In-Line EPS
NOV Inc. (NYSE: NOV) reported third-quarter financial results featuring revenue of $2.23 billion, exceeding market expectations by $40 million. This represents a 2.3% increase year-over-year. The company's GAAP earnings per share (EPS) arrived at $0.25, meeting analyst projections. Adjusted EBITDA for the quarter was $281 million, showing growth of $23 million compared to the previous year, despite a slight sequential decline. Bookings reached $577 million, resulting in a book-to-bill ratio of 91%. Looking ahead to the fourth quarter of 2026, management anticipates flat year-over-year consolidated revenues and an Adjusted EBITDA range between $260 million and $300 million.
Tickers: $NOV
Topics: book-to-bill ratio earnings EBITDA guidance revenue
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