{
  "id": 16921722,
  "title": "Earnings call transcript: NOV Q3 2026 revenue beats, shares fall 4.7%",
  "url": "https://urgent.news/2026/10/28/earnings-call-transcript-nov-q3-2026-revenue-beats-shares-fall-4-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T16:11:21.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-nov-q3-2026-revenue-beats-shares-fall-47-93CH-4980197"
  },
  "original_language": "en",
  "account": "NOV Inc. posted third-quarter 2026 financial results that surpassed revenue expectations but mirrored profit estimates, while shares declined 4.7% in after-hours trading. The oilfield equipment and services company reported earnings of $0.25 per share, matching market projections, on revenue of $2.23 billion, exceeding the $2.20 billion consensus. Earnings growth was driven by a 4% increase from the prior quarter and a 2% rise from the previous year. Despite the modest top-line beat, investors reacted negatively due to muted guidance, negative free cash flow, and a lower-than-anticipated year-end book-to-bill outlook. Adjusted EBITDA margin improved to 12.6% of sales, aided by better cost control and execution. Full-year 2026 book-to-bill is projected at 80% to 85%, below the initial 90% to 100% target. Management remains optimistic about 2027, citing stronger offshore activity, improved pricing, and better margins.",
  "summary": null,
  "key_points": [
    "NOV Inc. Q3 2026 revenue beats expectations at $2.23B",
    "Shares fall 4.7% after-hours despite earnings match",
    "Adjusted EBITDA margin improves to 12.6%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}