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NCS Multistage: 4Q Earnings Snapshot

March 1, 2021 GMT

HOUSTON (AP) _ NCS Multistage Holdings, Inc. (NCSM) on Monday reported fourth-quarter net income of $8.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Houston-based company said it had profit of $3.59. Losses, adjusted for non-recurring gains, came to $2.70 per share.

The company posted revenue of $27.4 million in the period.

For the year, the company reported that its loss widened to $57.6 million, or $24.37 per share. Revenue was reported as $107 million.

NCS Multistage shares have risen 61% since the beginning of the year. In the final minutes of trading on Monday, shares hit $36.31, an increase of 75% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NCSM at https://www.zacks.com/ap/NCSM