DNOW Q3: Steady Performance Amidst Energy Market Challenges

DistributionNOW (DNOW) reported robust Q3 financials, with revenues up 4.6% and earnings per share beating estimates. The companys cost management, operational efficiency, and customer focus drove this success. Despite competitive pressures and customer consolidation, DNOW is expanding into data center equipment and exploring new opportunities in midstream and LNG projects. The companys focus on digital tools and new product lines will be key indicators for future performance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.