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NOW Inc. Sales Up 17.9% in Q3

NOW Inc. (NYSE: DNOW), Houston, TX, reported third quarter sales of $822 million, an increase of 17.9 percent from the previous year. The company reported a loss of $20 million, compared to a loss of $9 million in 2017.

Third quarter sales in the U.S. were $630 million, up 24.5 percent year-over-year, while sales in Canada decreased 3.1 percent to $93 million. International sales were up 4.2 percent to $99 million.

For the first nine months of the year sales were $2.4 billion, an increase of 19.4 percent from the same period the previous year. The company reported a profit of $36 million, compared to a loss of $49 million over the same period in 2017.

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