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Dnow reports Q1 adjusted EPS 22c, consensus 17c

Reports Q1 revenue $599M, consensus $587.17M. David Cherechinsky, President and CEO of DNOW (DNOW), added, “Following our second-best fourth quarter in history, we beat first-quarter expectations with revenue growth of 5% sequentially to $599 million, and delivered our second-best first-quarter EBITDA of $46 million, in a market with fewer operating rigs and completions.”

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