Q2 2025 NCS Multistage Holdings Inc Earnings Call Transcript
Key Points
- NCS Multistage Holdings Inc (NCSM) reported second quarter revenue of $36 million, exceeding the high end of their guidance by over $7 million.
- The company's adjusted EBITDA for 2025 was $10.4 million, representing a 49% increase compared to 2024.
- NCS Multistage Holdings Inc (NCSM) achieved strong performance in Canada, with revenue increasing by 27% compared to the same period in 2024.
- The acquisition of ResMetrics is expected to enhance NCS Multistage Holdings Inc (NCSM)'s tracer diagnostics product line and expand their presence in the Middle East.
- The company maintains a strong balance sheet with a positive net cash position of $17.7 million and robust liquidity of approximately $42.5 million.
- International revenues decreased by 17%, primarily due to timing delays in tracer diagnostic projects in the Middle East.
- The adjusted gross margin decreased to 36% from 40% a year ago, mainly due to the mix of products sold and services provided.
- The company is cautious about the second half of the year due to deteriorating market and industry conditions, including a decline in U.S. rig count.
- There is potential for an oversupplied oil market due to increased OPEC plus oil supply, creating uncertainties.
- The Canadian rig count is currently 10% to 15% below where it was last year, impacting revenue expectations.
Good day and thank you for standing by. Welcome to the Second Quarter twenty twenty five NCS Multistage Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakersâ presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone.
You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again. Please be advised that todayâs conference is being recorded. I would now like to hand the conference over to your speaker today, Mike Morrison, Chief Financial Officer. Please go ahead.
Katie, and thank you for joining the NCS MultiStage Second Quarter twenty twenty five Conference Call. Our call today will be led by our CEO, Ryan Hummer, and I will also provide comments. I want to remind listeners that some of todayâs comments include forward looking statements such as our financial guidance and comments regarding our
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
