03:49 AM EDT, 04/29/2025 (MT Newswires) -- NOV (NOV) reported Q1 earnings late Monday of $0.19 per diluted share, down from $0.30 a year earlier.

Analysts polled by FactSet expected $0.26.

Revenue for the quarter ended March 31 was $2.10 billion, down from $2.16 billion a year earlier.

Analysts surveyed by FactSet expected $2.10 billion.

For Q2, the oil and gas industry services and equipment provider expects consolidated revenue to decline 1% to 4% compared with the previous year.

Analysts polled by FactSet expect $2.18 billion.

Shares of the company were down nearly 2% in Monday's after-hours activity.