Matching the company’s NYSE ticker symbol, the company said the change is an identity unifying step.
Latest In NOW Inc.
The company's 1.9% YoY growth in the third quarter was a significant slowdown from 2Q’s 10.2% growth.
NOW's President and CEO said the distributor had the most profitable first half of the year since being a public company.
For all of 2022, the company reported $2.13 billion in revenue, according to NOW Inc.'s 4Q 2022 earnings announcement.
Net income attributable to NOW Inc. was $40 million for 2022's third quarter, the company said in an announcement.
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Major distributors and manufacturers continue to raise their full-year outlook after better-than-expected 2Q results and persistent demand.
Despite impressive first-quarter sales and profit numbers for major distributors, stakeholders may still notice a hint of caution in the air as the calendar turns to summer. Download MDM's May 2022 Premium Monthly issue to read more.
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The Texas-based supplier also reported that 1Q 2022 net income was $30 million.
