NOW Inc. (NYSE: DNOW), Houston, TX, reported sales for 2017 of $2.7 billion, an increase of 25.7 percent from the previous year. The company reported a loss of $52 million, compared to a loss of $234 million in 2016.
Fourth-quarter sales were $669 million, an increase of 24.3 percent from the same period the previous year. The company reported a loss of $3 million, compared to a loss of $71 million in 4Q 2016.
Fourth-quarter sales in the U.S. were $488 million, up 28.8 percent year-over-year, while sales in Canada increased 16.4 percent to $85 million. International sales were up 11.6 percent to $96 million.
