Nine Energy Service (NINE) Q2 FY26 earnings call

Nine Energy Service reported mixed Q2 FY26 results, with strong performance in completion tools driven by international sales and domestic market share gains, alongside steady cementing operations. However, profitability was significantly impacted by unexpected downtime of 17% of its large-diameter coiled tubing fleet and unoffset inflationary cost pressures, leading to an adjusted EBITDA miss and a cautious Q3 outlook. The company is focused on cost control and technology development while navigating a dynamic market, with long-term fundamentals for U.S. shale and natural gas demand remaining