NOW inc (DNOW) Q3 2021 Earnings Call Transcript
DNOW earnings call for the period ending September 30, 2021.
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DNOW earnings call for the period ending September 30, 2021.
Leveraging technology and a considerably smaller branch footprint, the company has significantly slashed its profit losses over the past two quarters.
Operator Hello, and welcome to the Fourth Quarter and Full Year 2020 Earnings Conference Call. My name is Sheryl and I will be your operator for today's call. [Operator Instructions]. Later, we will conduct a question-and-answer session. [Operator Instructions]. Please note that due to the recent severe weather conditions, if the speakers on the call get disconnected, please standby and we will work to reestablish their connection. I will now turn the call over to Vice President, Marketing and Investor Relations, Brad Wise. Sir, you may begin. Brad Wise -- Vice President, Marketing and Inves...
DNOW Moves Forward With Half the Revenue and 43% Fewer Employees it Had a Year Ago Sequential sales were still down slightly in Q4, but the transformed and debt-less distributor eyes improvement in Q1. Feb 17th, 2021 Oilfield products distributor and energy services provider NOW Inc. reported its 2020 fourth quarter and full year financial results on Wednesday, recapping a transformational year for a company that downsized its business by essentially half. Given that significant downsizing during the year, it's much more useful to emphasize the company's sequential quarterly results than year...