Core Insights - DNOW's international revenue performance is crucial for assessing its financial resilience and growth prospects [1][2] - The company's total revenue for the recent quarter reached $571 million, reflecting a 2.9% increase year-over-year [4] International Revenue Breakdown - Canada contributed $66 million, accounting for 11.56% of total revenue, with a surprise increase of 7.67% compared to analyst expectations [5] - International revenue was $54 million, representing 9.46% of total revenue, which was a 15.09% miss against the consensus estimate [6] - In the previous quarter, international revenue was $59 million (9.74%), and in the same quarter last year, it was $72 million (12.97%) [6] Future Projections - Analysts project total revenue of $583.5 million for the current fiscal quarter, a 3.6% increase year-over-year, with expected contributions of 11% from Canada ($64.2 million) and 9.7% from International ($56.6 million) [7] - For the full year, total revenue is anticipated to be $2.48 billion, a 4.6% increase from last year, with Canada and International expected to contribute 10.1% ($250.9 million) and 9.4% ($234.2 million) respectively [8] Market Performance - DNOW's stock has gained 25.2% over the past month, outperforming the S&P 500's 4.7% increase, and has increased 14.9% over the past three months compared to the S&P 500's 3.1% increase [12]
International Markets and DNOW (DNOW): A Deep Dive for Investors