NOV(NOV) - 2024 Q2 - Quarterly Results

Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV REPORTS SECOND QUARTER 2024 RESULTS • Revenue of $2.22 billion, an increase of 6% year-over-year • Net Income of $226 million, and $0.57 per share, up $71 million, or $0.18 per share, yearover-year • Adjusted EBITDA* of $281 million, an increase of $36 million year-over-year • Cash flow from operations of $432 million and free cash flow* of $350 million • Bookings of $977 million, representing a 177% book-to-bill • Repurchas ...