NOW Inc's Results Continue Heading in the Right Direction

NOW Inc's Results Continue Heading in the Right Direction

While some turbulence returned to the oil market in the second quarter, industry conditions were still much better than they were last year. That's evident in NOW Inc's (NYSE: DNOW) financial results where revenue spiked and its net loss narrowed versus last year and sequentially. Further, given the direction its results are heading, the company believes that it could return to profitability in the second half of 2017 if current conditions hold up.

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Q2 2017

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Source: Fool.com