Neutral
Accesswire
1 month ago
National Energy Services Reunited Corp. Reports Second Quarter 2025 Financial Results
● Revenue for the quarter ended June 30, 2025, is $327.4 million, growing 8.0% sequentially ● Net income for the quarter ended June 30, 2025, is $15.2 million, improving 46.3% on a sequential quarter basis ● Adjusted EBITDA (a non-GAAP measure)* for the quarter ended June 30, 2025, is $70.6 million, increasing 13.0% sequentially ● Diluted Earnings per Share (EPS) for the quarter ended June 30, 2025, is $0.16 ● Operating cash flow for the six months ended June 30, 2025, is $119.0 million, improving 6.0% year-over-year ● Free cash flow (a non-GAAP measure)* for the six months ended June 30, 2025, is $59.1 million HOUSTON, TX / ACCESS Newswire / August 20, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR)(Nasdaq:NESRW), a national, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today reported its financial results as of and for the three months ended June 30, 2025. The Company posted the following results for the periods presented: Three Months Ended Variance (in thousands except per share amounts and percentages) June 30, 2025 March 31, 2025 June 30, 2024 Sequential Year- over- year Revenue $ 327,368 $ 303,102 $ 324,969 8.0 % 0.7 % Net income 15,201 10,391 18,873 46.3 % (19.5 )% Adjusted net income (non-GAAP)* 20,130 12,963 27,356 55.3 % (26.4 )% Adjusted EBITDA (non-GAAP)* 70,559 62,463 78,655 13.0 % (10.3 )% Diluted EPS 0.16 0.11 0.20 45.5 % (20.0 )% Adjusted Diluted EPS (non-GAAP)* 0.21 0.14 0.29 50.0 % (27.6 )% *The Company presents its financial results in accordance with generally accepted accounting principles in the United States of America ("GAAP").