05:58 PM EST, 02/04/2025 (MT Newswires) -- NOV (NOV) reported Q4 net income late Tuesday of $0.41 per diluted share, down from $1.51 a year earlier.

Analysts polled by FactSet expected $0.35.

Revenue for the quarter ended Dec. 31 fell to $2.31 billion from $2.34 billion a year earlier.

Analysts surveyed by FactSet expected $2.24 billion.

For Q1, the company expects year-over-year revenue decline of 1% to 3%. Analysts surveyed by FactSet expected $2.12 billion.

The company's shares were up 5% in after-hours activity.