NOW Inc.'s stock surged 15.53% during pre-market trading on Friday, following the release of its fourth-quarter 2025 financial results.
The company reported revenue of $959 million, representing a 68% increase compared to the prior-year period, though slightly below the consensus estimate of $962.2 million. Adjusted earnings per share came in at $0.15, meeting analyst expectations. The company posted a net loss of $147 million, but reported adjusted net income of $23 million and adjusted EBITDA of $61 million, representing a 6.4% margin.
Management highlighted that the integration of MRC Global, acquired in November 2025, is progressing ahead of plan, with first-year cost synergy savings now projected at $23 million. The company maintained its commitment to achieve $70 million in synergies over three years from the acquisition.
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