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Accesswire
18 days ago
National Energy Services Reunited Corp. Reports Third Quarter 2025 Financial Results
Revenue for the quarter ended September 30, 2025, is $295.3 million Net income for the quarter ended September 30, 2025, is $17.7 million, up 16.7% on a sequential quarter basis Adjusted EBITDA (a non-GAAP measure)* for the quarter ended September 30, 2025, is $64.0 million Diluted Earnings per Share (EPS) for the quarter ended September 30, 2025, is $0.18, up 15.6% on a sequential quarter basis Operating cash flow for the nine months ended September 30, 2025, is $125.7 million Free cash flow (a non-GAAP measure)* for the nine months ended September 30, 2025, is $25.0 million HOUSTON, TX / ACCESS Newswire / November 13, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company"), 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 September 30, 2025. The Company posted the following results for the periods presented: Three Months Ended Variance (in thousands except per share amounts and percentages) September 30, 2025 June 30, 2025 September 30, 2024 Sequential Year- over- year Revenue $ 295,315 $ 327,368 $ 336,205 (9.8 )% (12.2 )% Net income 17,737 15,201 20,618 16.7 % (14.0 )% Adjusted net income (non-GAAP)* 15,434 20,130 28,912 (23.3 )% (46.6 )% Adjusted EBITDA (non-GAAP)* 63,957 70,559 80,035 (9.4 )% (20.1 )% Diluted EPS 0.18 0.16 0.22 15.6 % (18.2 )% Adjusted Diluted EPS (non-GAAP)* 0.16 0.21 0.31 (22.2 )% (48.4 )% *The Company presents its financial results in accordance with generally accepted accounting principles in the United States of America ("GAAP").