Posted May 3, 2018

NOW Inc. posts profit in Q1

NOW Inc. said its first-quarter revenue was $764 million, up 21 percent year over year and up 14 percent sequentially.

Net income was $2 million for the first quarter of 2018, versus a net loss of $23 million a year ago. Diluted earnings per share of 2 cents compared to a loss per share of 21 cents a year ago.