Nabors Energy Transition (NETCU) Earnings Report, Financial Results, Financial analysis

Nabors Energy Transition Corp increased first quarter of 2023 net loss per share of $-0.04 compare to net loss per share of $-0.01 recorded in the same quarter a year ago a decrease from $0.03 eps realized in IV. Quarter (Dec 31 2022).

*first quarter of 2023*
Earnings Per Share	Revenues
$ -0.04	$ 0 Mill
$-0.03	Unch.

Nabors Energy Transition 's Revenue fell by 0 % in first quarter of 2023 (Mar 31 2023) year on year, to $0 million and declined by sequentially.

Nabors Energy Transition is Expected to report next financial results on August 14, 2023.

More on NETCU's Income Statement

NETCU's NET INCOME

Nabors Energy Transition 's in thefirst quarter of 2023 recorded net loss of $-1.299 million, an increase from net loss of $-0.231 million in I. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.720 million in the previous quarter.

More on NETCU's Growth

Nabors Energy Transition Inventories
In Mar 31 2023 company's net cash and cash equivalents decreased by $0 million

Earnings quality

Nabors Energy Transition Corp does not pay out common stock dividend.

In trailing twelve-month period Nabors Energy Transition Corp payed $ -0.01 cash per share, on a free-cash flow basis .

Tangible Book value grew to $ -0.25 per share from $ -0.32.

Company repurchased 4.84 million shares or 14.92 % in Mar 31 2023.

• More on NETCU's Dividends

Market Capitalization (Millions)	-
Shares Outstanding (Millions)	28
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	-
Net Income (TTM) (Millions $)	0
Cash Flow (TTM) (Millions $)	2
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Earnings quality

Nabors Energy Transition Corp does not pay out common stock dividend.

In trailing twelve-month period Nabors Energy Transition Corp had negative $ -0.01 cash flow per share, on a free-cash flow basis .

Tangible Book value grew to $ -0.25 per share from $ -0.32.

Company repurchased 4.84 million shares or 14.92 % in Mar 31 2023.

• More on NETCU's Balance Sheets

Market Capitalization (Millions)	-
Shares Outstanding (Millions)	28
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	-
Net Income (TTM) (Millions $)	0
Cash Flow (TTM) (Millions $)	2
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Nabors Energy Transition Corp

NETCU's Financial Statements and Analysis