Earnings Summary

Nov Inc.’s revenue jumped 21.19% since last year same period to $2093Mn in the Q2 2023. On a quarterly growth basis, Nov Inc. has generated 6.68% jump in its revenue since last 3-months.

Nov Inc.’s net profit jumped 124.64% since last year same period to $155Mn in the Q2 2023. On a quarterly growth basis, Nov Inc. has generated 23.02% jump in its net profits since last 3-months.

Nov Inc.’s net profit margin jumped 85.36% since last year same period to 7.41% in the Q2 2023. On a quarterly growth basis, Nov Inc. has generated 15.32% jump in its net profit margins since last 3-months.

Nov Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.23 - a 43.75% jump from last quarter’s estimates.

Nov Inc.’s earning per share (EPS) estimates for the current year stand at 0.23.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Nov Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Nov Inc.’s return on equity (ROE) stands at 0.08.

Nov Inc. declared 0.05 dividend per share during the earnings announcement for Q1 2023.