Shares of National Energy Services Reunited Corp. (NESR) plummeted 7.91% in Tuesday's trading session following the release of its first-quarter 2025 financial results, which fell significantly short of analyst expectations. The oilfield services provider's disappointing earnings report sparked a sell-off among investors, leading to the sharp decline in stock price.

The company reported quarterly revenue of $303.1 million, representing a modest 2.11% increase from the same period last year. However, this figure significantly missed the analyst consensus estimate of $341.73 million by 11.30%. The substantial revenue miss raises concerns about the company's growth trajectory and its ability to meet market expectations in the current economic environment.

Adding to investor worries, National Energy Services Reunited's adjusted earnings per share (EPS) came in at $0.14, falling short of the expected $0.20 by 30% and declining 6.67% from $0.15 in the year-ago quarter. This double miss on both top and bottom lines has led to a reassessment of the company's near-term prospects among market participants.

Despite the disappointing results, the company did report some positive metrics. Net income for the quarter stood at $10.4 million, while adjusted EBITDA reached $62.5 million. Adjusted net income was reported at $13 million. However, these figures were not enough to offset the negative sentiment surrounding the missed revenue and EPS targets, resulting in the significant stock price decline observed in Tuesday's trading session.