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Benzinga
Benzinga
Business
Benzinga Insights

YOU WONT BELIEVE: Looking into nine energy service s return on capital employed - You Need To See This

According to data from Benzinga Pro, during Q1, Nine Energy Service's (NYSE:NINE) reported sales totaled $116.94 million. Despite a 56.19% increase in earnings, the company posted a loss of $6.90 million. Nine Energy Service collected $105.09 million in revenue during Q4, but reported earnings showed a $15.75 million loss.

Why Is ROCE Significant?

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