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DistributionNOW (NYSE:DNOW), Houston, TX, reported sales for the first quarter ended September 30 of $697 million, up 34 percent over the same quarter in 2016. The company reported a loss for the quarter of $9 million, compared to a loss of $56 million last year.
Sales for the first nine months increased 26.1 percent to $2 billion. The company reported a loss for the period of $49 million, compared to a loss of $163 million the previous year.