Company: NINE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001532286-25-000026
Chunk: 32

Company: Nine Energy Service, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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 on the weighted average number of shares outstanding for the period, including the dilutive effect of equity awards.Basic and diluted earnings (loss) per share of common stock was computed as follows:  Three Months Ended September 30, 2025Three Months Ended September 30, 2024Net LossAverage Shares OutstandingLoss Per ShareNet LossAverage Shares OutstandingLoss Per Share(in thousands, except share and per share amounts)Basic$(14,647)41,297,925 $(0.35)$(10,143)39,209,798 $(0.26)Unvested restricted stock and stock units— — — — — — Diluted$(14,647)41,297,925 $(0.35)$(10,143)39,209,798 $(0.26)

 15

 Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024Net LossAverage Shares OutstandingLoss Per ShareNet LossAverage Shares OutstandingLoss Per Share(in thousands, except share and per share amounts)Basic$(32,099)40,787,178 $(0.79)$(32,239)36,188,175 $(0.89)Unvested restricted stock and stock units— — — — — — Diluted$(32,099)40,787,178 $(0.79)$(32,239)36,188,175 $(0.89)The diluted earnings (loss) per share calculation excludes all stock options, unvested restricted stock, and unvested restricted stock units for the three and nine months ended September 30, 2025 and 2024 because their inclusion would be anti-dilutive given the Company was in a net loss position. The average number of securities that were excluded from diluted earnings (loss) per share that would potentially dilute earnings (loss) per share for the periods in which the Company experienced a net loss were as follows:20252024Three months ended September 30,144,763151,898Nine months ended September 30,215,845333,128

13. Segment Information

The Company operates as one reportable segment, known as Completions Solutions. The Completions Solutions segment provides services and products integral to the completion of unconventional wells through a full range of tools and methodologies. These services and products are similar in purpose and end use by focusing on preparing and enabling a