StocksMediumUpdated•Originally published 9 November 2026•Updated 9 November 2026•
1 min read
NESR Beats Q3 2026 Earnings and Revenue Estimates
Key Facts
1NESR reported non-GAAP EPS of $0.38, beating analyst estimates by $0.02.
2The company's revenue reached $504.7M, exceeding expectations by $8.77M.
National Energy Services Reunited reported non-GAAP EPS of $0.38 for the third quarter of 2026, beating analyst estimates by $0.02. Seeking Alpha reported that the company's revenue reached $504.7M during the period, exceeding expectations by approximately $8.77M.
NESR closed at $19.96 on November 6, 2026, with a daily trading range between $19.14 and $20.24. These financial results follow the company's recent agreement with Saudi Aramco for a lithium project in Saudi Arabia, highlighting its continued expansion in regional energy services.
Latest Updates · 1
- Notable·
Update: Net income grew 93.5% to $34.3 million as revenue increased 70.9% year-over-year. Adjusted EBITDA reached $95.9 million, while the company reported a negative free cash flow of $45.9 million.