Earnings Call Summary | DNOW Inc(DNOW.US) Q4 2023 Earnings Conference
Earnings Call Summary | DNOW Inc(DNOW.US) Q4 2023 Earnings Conference
The following is a summary of the Dnow, Inc. (DNOW) Q4 2023 Earnings Call Transcript:
以下是德諾公司（DNOW）2023年第四季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
DNOW reported an increase in revenues to $2.32 billion for the full year 2023, which is a 9% increase year-over-year.
DNOW's Q4 2023 revenues stand at $555 million, which represents a 1% increase year-over-year.
The company's gross margin percentage for 2023 was 23.1%, making it the second best in its history.
Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for 2023 was at 7.9% of revenues.
DNOW surpassed its cash flow projections by generating $171 million in free cash flow in 2023.
The company ended Q4 with no debt and a cash position of $299 million, and a total liquidity of $626 million.
DNOW報告稱，2023年全年收入增長至23.2億美元，同比增長9％。
DNOW 2023 年第四季度的收入爲 5.55 億美元，同比增長 1%。
該公司2023年的毛利率爲23.1％，是其歷史上第二好的毛利率。
2023年扣除利息、稅項、折舊和攤銷前的收益（EBITDA）佔收入的7.9％。
DNOW 在 2023 年創造了 1.71 億美元的自由現金流，超出了其現金流預期。
該公司在第四季度末沒有債務，現金狀況爲2.99億美元，總流動性爲6.26億美元。
Business Progress:
業務進展：
The U.S. Process Solutions of the company achieved significant double-digit revenue growth across all units for the full year.
EcoVapor Zero 2 solutions, directed towards the renewable fuels market, demonstrated sales growth.
Plans to acquire Whitco Supply are underway which could boost earnings and free cash flow.
DNOW is increasing its focus on carbon capture and storage markets due to significant capital investments from their current customers.
Developments are being made to existing businesses and new revenue streams to increase earnings and free cash flow.
For the first quarter of 2024, DNOW has predicted a sequential revenue increase in the 0% to 5% range when compared to Q4 2023.
該公司的美國工藝解決方案全年所有部門均實現了顯著的兩位數收入增長。
面向可再生燃料市場的EcoVapor Zero 2解決方案顯示了銷售增長。
收購Whitco Supply的計劃正在進行中，這可能會增加收益和自由現金流。
由於現有客戶的大量資本投資，DNOW越來越關注碳捕集和封存市場。
正在發展現有業務和新的收入來源，以增加收益和自由現金流。
DNOW預測，與2023年第四季度相比，2024年第一季度的收入將連續增長0％至5％。
More details: DNOW Inc IR
更多詳情： DNOW Inc IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。