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National Energy Services Reunited Reports Strong Q3 Growth

National Energy Services Reunited Reports Strong Q3 Growth

National Energy Services Reunited (NESR) has released an update.

National Energy Services Reunited Corp. (NESR) reported robust financial results for the third quarter of 2024, with revenue rising to $336.2 million, marking a 12% year-over-year increase. The company also achieved a 40% year-over-year growth in net income, amounting to $20.6 million, and demonstrated strong cash flow improvements, emphasizing its focus on debt reduction and financial efficiency. With a strategic focus on profitable growth and technological innovation, NESR maintains a positive outlook despite regional economic challenges.

For further insights into NESR stock, check out TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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