Nine Energy Service Q1 EPS $(0.18) Misses $(0.15) Estimate, Sales $150.47M Beat $149.20M Estimate

Nine Energy Service (NYSE:NINE) reported quarterly losses of $(0.18) per share which missed the analyst consensus estimate of $(0.15) by 20 percent. This is a 25 percent increase over losses of $(0.24) per share from the same period last year. The company reported quarterly sales of $150.47 million which beat the analyst consensus estimate of $149.20 million by 0.85 percent. This is a 5.87 percent increase over sales of $142.12 million the same period last year.