NOV reports 68% drop in Q3 net income as offshore orders surge

Investing.comMonday, October 27, 2025 at 9:48:57 PM
NOV reports 68% drop in Q3 net income as offshore orders surge
NOV has reported a significant 68% drop in its net income for the third quarter, despite a surge in offshore orders. This decline raises concerns about the company's profitability and operational efficiency, even as demand in the offshore sector increases. Investors and analysts will be closely watching how NOV plans to navigate these challenges and whether the uptick in orders can translate into improved financial performance in the future.
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