NCS Multistage Holdings, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2023
March 07, 2023 at 07:00 pm IST
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NCS Multistage Holdings, Inc. provided earnings guidance for the first quarter and full year of 2023. For the first quarter of 2023, the company expects total revenue of $43 million to $47 million, an improvement over both the first and fourth quarters of 2022.
For the year 2023, the company expects revenue to be between $175 million and $190 million.
NCS Multistage Holdings, Inc. is a provider of engineered products and support services for oil and natural gas well construction, well completions and field development strategies. The Company offers products and services primarily to exploration and production companies for use in onshore and offshore wells. The Companyâs products and services are utilized in oil and natural gas basins throughout North America and in selected international markets, including Argentina, China, the Middle East and the North Sea. The Company owns a 50% interest in Repeat Precision, LLC, which sells composite frac plugs, perforating guns and related products directly to customers. The Company also provides tracer diagnostics services for well completion and reservoir characterization that utilize downhole chemical and radioactive tracers. The Company sells products for well construction, including its casing buoyancy systems, liner hanger systems and toe initiation sleeves.
NCS MULTISTAGE HOLDINGS, INC. 
