HOUSTON (AP) 鈥� HOUSTON (AP) 鈥� DNOW Inc. (DNOW) on Thursday reported a loss of $21 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 11 cents. Earnings, adjusted for non-recurring costs, came to 12 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The energy and industrial distribution company posted revenue of $1.31 billion in the period.
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