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NOW Inc. (NYSE: DNOW), Houston, TX, reported sales for the first quarter of $631 million, up 15.1 percent year-over-year. The company reported a loss of $23 million for the quarter, compared to a loss of $63 million in the prior-year quarter.
For the first quarter year over year, U.S. sales increased 22.9 percent to $439 million, Canada sales increased 52.4 percent to $96 million and international sales decreased 25 percent to $96 million.