NESR Q2 FY26 diluted EPS rises 85.8% sequentially to USD 0.43; revenue climbs 59.1% year-over-year to USD 520.8 million
Reuters2026/08/10 10:03- NESR revenue rose 59.1% year-over-year to USD 520.8 million in the quarter ended June 30, 2026.
- Net income climbed to USD 44 million, up 189.6% year-over-year; diluted EPS rose to USD 0.43, up 168.8%.
- Non-GAAP adjusted EBITDA increased 50.5% year-over-year to USD 106.2 million.
- Operating cash flow surged 466.6% year-over-year to USD 174 million; non-GAAP free cash flow rose to USD 99.9 million from USD 68.7 million.
- Management cited higher activity and execution, maintained operations without customer interruptions despite regional conflict, and reported net debt down to USD 99.6 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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