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Nine Energy: 3Q Earnings Snapshot

November 12, 2018

HOUSTON (AP) _ Nine Energy Services Inc. (NINE) on Monday reported third-quarter earnings of $13.7 million.

On a per-share basis, the Houston-based company said it had profit of 56 cents.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The oilfield services company posted revenue of $218.4 million in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $215.8 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NINE at https://www.zacks.com/ap/NINE

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