Benzinga | Nov 5, 2020 06:38AM EST

Nine Energy Service Q3 Adj. EPS $(1.13) Misses $(0.89) Estimate, Sales $49.50M Miss $51.07M Estimate

Nine Energy Service (NYSE:NINE) reported quarterly losses of $(1.13) per share which missed the analyst consensus estimate of $(0.89) by 26.97 percent. This is a 606.25 percent decrease over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $49.50 million which missed the analyst consensus estimate of $51.07 million by 3.07 percent. This is a 75.53 percent decrease over sales of $202.31 million the same period last year.