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Recap: NOW Q2 Earnings

Benzinga Real-time News · Aug 3, 2022 07:40

DNOW -0.61%

NOW (NYSE:DNOW) reported its Q2 earnings results on Wednesday, August 3, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

NOW beat estimated earnings by 52.94%, reporting an EPS of $0.26 versus an estimate of $0.17.

Revenue was up $139.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 0.99% drop in the share price the next day.

Here's a look at NOW's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.09	0.03	0.02	-0.02
EPS Actual	0.14	0.07	0.05	0
Revenue Estimate	456.42M	426.10M	422.80M	385.16M
Revenue Actual	473.00M	432.00M	439.00M	400.00M

To track all earnings releases for NOW visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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