NOV Reports Fourth Quarter and Full Year 2020 Results
Press release content from Business Wire. The AP news staff was not involved in its creation. NOV Reports Fourth Quarter and Full Year 2020 Results February 4, 2021 GMT HOUSTON--(BUSINESS WIRE)--Feb 4, 2021-- NOV Inc. (NYSE: NOV) today reported fourth quarter 2020 revenues of $1.33 billion, a decrease of four percent compared to the third quarter of 2020 and a decrease of 42 percent compared to the fourth quarter of 2019. Net loss for the fourth quarter of 2020 was $347 million, or -26.1 percent of sales, which included non-cash, pre-tax charges (“Other Items”, see Other Corporate Items f...
Source: apnews.com