 HOUSTON, TX ACCESSWIRE August 4, 2021 National Energy Services Reunited Corp. NESR or the Company NASDAQ:NESRNASDAQ:NESRW, a national, industry-leading provider of integrated energy services in the Middle East and North Africa MENA and Asia Pacific regions, today reported its financial results for the quarter ended June 30, 2021. The Company posted the following results for the periods presented: Revenue for the second quarter of 2021 is 235 million, growing 16 year-over-year and 11 over the sequential quarter Free cash flow a non-GAAP measure for the second quarter of 2021 is 12 million Net Income for the second quarter of 2021 is 8 million Adjusted Net Income a non-GAAP measure for the second quarter of 2021 is 13 million Adjusted EBITDA a non-GAAP measure is 54 million, an increase of 7 over the sequential quarter and 3 year-over-year Diluted Earnings per Share EPS for the second quarter of 2021 is 0.08 Adjusted Diluted EPS a non-GAAP measure, which includes 0.06 per share of Charges and Credits, for the second quarter of 2021 is 0.14 Three Months Ended Variance in thousands except per share amounts and percentages June 30, 2021 March 31, 2021 June 30, 2020 Sequential Year-over- year Revenue 234,927 212,426 203,249 11 16 Net income 7,821 11,472 10,514 32 26 Adjusted net income non-GAAP 12,817 13,677 12,342 6 4 Adjusted EBITDA non-GAAP 53,607 50,221 51,841 7 3 Diluted EPS 0.08 0.13 0.12 38 33 Adjusted Diluted EPS non-GAAP 0.14 0.15 0.14 7 - Free cash flow non-GAAP 11,663 35,240 15,948 23,577 4,285 The Company presents its financial results in accordance with generally accepted accounting principles in the United States of America GAAP. 