National Energy Services Reunited Corp.(US:NESR) Accessnewswireยท2025-11-13 11:00Core Insights - National Energy Services Reunited Corp. (NESR) reported a revenue of $295.3 million for the quarter ended September 30, 2025, reflecting a sequential decline of 9.8% and a year-over-year decline of 12.2% [1] - The net income for the same quarter was $17.7 million, which is an increase of 16.7% compared to the previous quarter but a decrease of 14.0% year-over-year [1] - Adjusted EBITDA for the quarter was $64.0 million, down 9.4% sequentially and 20.1% year-over-year [1] - Diluted Earnings per Share (EPS) increased to $0.18, up 15.6% from the previous quarter, but down 18.2% compared to the same quarter last year [1] Financial Performance - Revenue for the three months ended September 30, 2025: $295,315 thousand, down from $327,368 thousand in June 2025 and $336,205 thousand in September 2024 [1] - Net income for the quarter: $17,737 thousand, compared to $15,201 thousand in June 2025 and $20,618 thousand in September 2024 [1] - Adjusted net income (non-GAAP) was $15,434 thousand, a decrease of 23.3% sequentially and 46.6% year-over-year [1] - Adjusted EBITDA (non-GAAP) for the quarter was $63,957 thousand, down from $70,559 thousand in June 2025 and $80,035 thousand in September 2024 [1] - Diluted EPS for the quarter was $0.18, compared to $0.16 in June 2025 and $0.22 in September 2024 [1] - Adjusted Diluted EPS (non-GAAP) was $0.16, down 22.2% sequentially and 48.4% year-over-year [1] Cash Flow - Operating cash flow for the nine months ended September 30, 2025, was $125.7 million [1] - Free cash flow (non-GAAP) for the same period was $25.0 million [1]