Fetching News Details
National Oilwell Varco today reported second-quarter 2020 revenues of $1.50 billion, a decrease of 21% compared to the first quarter of 2020 and a decrease of 30% compared to the second quarter of 2019. Net loss for the second quarter of 2020 was $93 million. Adjusted EBITDA decreased $94 million sequentially to $84 million, or 5.6% of sales.
