DNOW's Q2 Non-GAAP Earnings Rise, Revenue Drops

MT Newswires Live
Aug 06

DNOW (DNOW) reported Q2 non-GAAP earnings Wednesday of $0.27 per diluted share, up from $0.25 a year earlier.

Three analysts polled by FactSet expected $0.21.

Revenue for the quarter ended June 30 was $628 million, down from $633 million a year earlier.

Three analysts surveyed by FactSet expected $612.7 million.

The company's shares were up over 6% in recent Wednesday premarket activity.

Price: 16.20, Change: +0.96, Percent Change: +6.30

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