Business
Nine Energy Service Announces Third Quarter 2025 Results
Revenue, net loss and adjusted EBITDA A of $132.0 million, $(14.6) million and $9.6 million, ...
About this update from Nine Mile Metals Ltd.
[{"type":"text","content":"Nine Energy Service Announces Third Quarter 2025 Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadb4 { padding-bottom: 5px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl11 { padding-left: 55px }\n.bwpadl12 { padding-left: 60px }\n.bwpadl3 { padding-left: 15px }\n.bwpadl4 { padding-left: 20px }\n.bwpadl7 { padding-left: 35px }\n.bwpadl8 { padding-left: 40px }\n.bwpadl9 { padding-left: 45px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth2 { width: 2% }\n.bwwidth22 { width: 22% }\n.bwwidth3 { width: 3% }\n.bwwidth52 { width: 52% }\n.bwwidth62 { width: 62% }\n.bwwidth64 { width: 64% }\n.bwwidth72 { width: 72% }\n.bwwidth73 { width: 73% }\n.bwwidth84 { width: 84% }\n \n\n\n\n\n Revenue, net loss and adjusted EBITDA\n \n A\n \n of $132.0 million, $(14.6) million and $9.6 million, respectively, for the third quarter of 2025\n \n\n Completed landmark cementing job in the Haynesville Basin\n \n\n For the first nine months of 2025 compared to the same period in 2024, international revenue increased by ~19%\n \n\n Total liquidity as of September 30, 2025 of $40.3 million\n \n\n\n\n\n Nine Energy Service, Inc. (\"Nine\" or the \"Company\") (NYSE: NINE) reported third quarter 2025 revenues of $132.0 million, net loss of $(14.6) million, or $(0.35) per diluted share and $(0.35) per basic share, and adjusted EBITDA of $9.6 million. The Company provided original third quarter 2025 revenue guidance between $135.0 and $145.0 million, with actual results coming in below the provided range.\n \n\n “Q3 was a challenging quarter following significant rig declines and subsequent pricing pressure beginning in Q2,” said Ann Fox, President and Chief Executive Officer, Nine Energy Service. “At the end ...