The earnings call reflected a strong performance in the first half of 2025, driven by higher-than-expected revenue and successful acquisition of ResMetrics. However, there were concerns about declines in international revenues and market uncertainties affecting the second half of the year.

Company Guidance

During the second quarter of 2025, NCS Multistage reported stronger-than-expected financial results, with revenue reaching $36 million, exceeding their guided range by over $7 million. This performance was driven by a 49% increase in Canadian revenue and a 15% rise in U.S. revenue, although international revenues decreased by 17%. Adjusted EBITDA for the quarter was $2.2 million, surpassing the guided range of negative $2 million to breakeven. NCS also announced the acquisition of ResMetrics, anticipated to add $4 million to $5 million in revenue and $1 million to $1.5 million in adjusted EBITDA for the remainder of 2025. Looking forward, NCS expects third-quarter revenue between $42 million and $46 million, with an adjusted gross margin of 40% to 42% and adjusted EBITDA ranging from $5.5 million to $7 million. For the full year 2025, revenue is projected to be between $172 million and $181 million, with adjusted EBITDA of $22 million to $25.5 million.

Revenue Exceeds Expectations

Second quarter revenue of $36 million exceeded the high end of the guided range by more than $7 million, with strong performance in Canada. First half of 2025 revenue was over $86 million, 18% higher than the first half of 2024.

Acquisition of ResMetrics

NCS announced the acquisition of ResMetrics, a provider of tracer diagnostics technologies, expected to contribute an additional $4 million to $5 million of revenue and $1 million to $1.5 million of adjusted EBITDA for the last 5 months of 2025.

Improved Adjusted EBITDA

Adjusted EBITDA of $2.2 million for Q2 2025 exceeded the guided range and showed a year-over-year improvement of $1.3 million. Adjusted EBITDA for the first half of 2025 increased by 49% compared to the first half of 2024.

Strong Canadian Market Performance

Revenue from Canada for the first half of 2025 was $56 million, increasing 27% compared to the same period in 2024, driven by increased sales of fracturing systems and composite plugs.

Ncs Multistage Holdings (NCSM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NCSM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	1.09 / -	1.5	―	―	―
Jul 31, 2025	2025 (Q2)	-1.29 / -0.10	-1.03	90.39% (+0.93)
Apr 30, 2025	2025 (Q1)	0.79 / 1.51	0.99	52.63% (+0.52)	―
Mar 10, 2025	2024 (Q4)	0.81 / 2.27	-0.36	730.56% (+2.63)
Oct 30, 2024	2024 (Q3)	1.27 / 1.50	1.91	-21.47% (-0.41)
Jul 31, 2024	2024 (Q2)	-1.23 / -1.03	-13.02	92.09% (+11.99)
May 01, 2024	2024 (Q1)	- / 0.99	-6.1	116.23% (+7.09)
Mar 07, 2024	2023 (Q4)	1.18 / -0.36	0.807	-144.61% (-1.17)
Oct 30, 2023	2023 (Q3)	2.59 / 1.91	1.41	35.46% (+0.50)
Jul 31, 2023	2023 (Q2)	- / -13.02	-1.64	-693.90% (-11.38)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NCSM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$30.67	$31.64	+3.16%
Apr 30, 2025	$29.51	$34.03	+15.32%
Mar 10, 2025	$26.40	$28.32	+7.27%
Oct 30, 2024	$18.10	$18.54	+2.43%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ncs Multistage Holdings Inc (NCSM) report earnings?

Ncs Multistage Holdings Inc (NCSM) is schdueled to report earning on Nov 03, 2025, TBA (Confirmed).

What is Ncs Multistage Holdings Inc (NCSM) earnings time?

Ncs Multistage Holdings Inc (NCSM) earnings time is at Nov 03, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NCSM EPS forecast?

NCSM EPS forecast for the fiscal quarter 2025 (Q3) is 1.1.

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