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Nine(NINE) - 2024 Q1 - Quarterly Results
NINENine(NINE)2024-05-06 21:05

Exhibit 99.1 Nine Energy Service Announces First Quarter 2024 Results HOUSTON – Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2024 revenues of 142.1million,netlossof142.1 million, net loss of (8.1) million, or (0.24)perdilutedshareand(0.24) per diluted share and (0.24) per basic share, and adjusted EBITDA of 15.0million.TheCompanyhadprovidedoriginalfirstquarter2024revenueguidancebetween15.0 million. The Company had provided original first quarter 2024 revenue guidance between 135.0 and $145.0 million, with actual results coming within the provided range. "Our business is nimble, and ...