NYSE$DNOW

DNOW Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

NOW Inc. reported first quarter 2020 results.

NOW Inc. reported a revenue of $604 million for Q1 2020, with a net loss of $331 million and a non-GAAP net loss of $8 million. The company had $202 million in cash and cash equivalents and zero long-term debt at the end of the quarter.

  • Revenue for the first quarter of 2020 was $604 million.
  • Net loss for the first quarter of 2020 was $331 million, while non-GAAP net loss was $8 million.
  • Diluted loss per share was $3.03, and non-GAAP diluted loss per share was $0.07.
  • Cash and cash equivalents were $202 million at the end of the quarter.

Headline financials

Total Revenue

$604M

Previous: $785M-23.1%
EPS (adj)

-$0.07

Previous: $0.12-158.3%
Capital Expenditures

-$3M

Previous: -$1M-200.0%
Free Cash Flow

-$334M

Previous: $17M-2064.7%
Net Income

-$331M

Previous: $18M-1938.9%
Operating Income

-$333M

Previous: $23M-1547.8%
Gross Profit

$117M

Previous: $158M-25.9%
Cash & Equivalents

$202M

Previous: $87M+132.2%
Total Assets

$1.2B

Previous: $1.9B-36.9%

Revenue & EPS history

NOW · Revenue · Quarterly

$604M

Q1 2020-23.1%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Company expects to generate approximately $100 million of warehousing, selling and administrative savings in 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.5%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

46%

23 / 50 earnings

Positive

+23.8%

Q4 2023

Best reaction

-19.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.3%-1.0%-2.1%
Q4 2025-19.2%-28.6%-29.4%
Q3 2025-0.3%-10.1%-4.5%
Q1 2025-8.4%-5.6%-8.0%
Q4 2024+20.1%+24.4%+5.4%
Q3 2024+3.6%+8.4%+6.4%
Q2 2024-8.8%-11.3%-14.4%
Q1 2024-7.3%-6.3%-9.2%
Q4 2023+23.8%+29.1%+47.1%
Q3 2023-3.2%-7.3%-8.9%
Q2 2023-10.0%-5.1%+2.1%
Q1 2023-8.0%-9.1%-6.3%
Q4 2022-6.9%-11.0%-27.9%
Q3 2022-2.5%-1.4%-0.5%
Q2 2022+1.7%+1.4%+5.9%
Q1 2022-6.0%-18.4%-1.8%
Q4 2021-1.2%-1.9%+3.1%
Q3 2021+20.0%+24.7%+11.0%
Q2 2021-17.8%-20.0%-21.7%
Q1 2021+11.2%+11.4%+9.1%
Q4 2020-6.6%-2.8%-1.2%
Q3 2020+4.6%+19.3%+35.4%
Q2 2020+3.9%+7.5%-16.4%
Q1 2020-3.3%+5.2%+45.0%
Q4 2019+0.8%-7.9%-41.0%
Q3 2019+12.3%+12.5%+2.9%
Q2 2019+3.8%+5.9%+4.0%
Q1 2019+8.9%+2.4%-8.6%
Q4 2018+10.5%+12.0%-0.1%
Q3 2018+16.4%+24.1%+5.1%
Q2 2018+17.7%+18.1%+16.9%
Q1 2018+13.2%+16.2%+12.9%
Q4 2017+5.0%+0.0%+7.0%
Q3 2017-11.5%-8.8%-15.4%
Q2 2017-16.2%-16.9%-24.7%
Q1 2017-2.8%+0.3%-1.0%
Q4 2016-9.0%-10.2%-25.8%
Q3 2016-16.4%-16.4%+2.9%
Q2 2016+10.1%+15.0%+14.6%
Q1 2016-1.2%
Q4 2015+7.7%
Q3 2015+4.1%
Q2 2015+9.5%
Q1 2015+2.1%
Q4 2012-4.9%
Q4 2014-4.1%
Q3 2013-0.3%
Q3 2014-1.9%
Q2 2013+2.2%
Q2 2014-8.1%
Q1 2014
Q4 2013
Q1 2013

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