MRC Global Inc. Q3 2025 TL;DR Summary
MRC Global reported severe financial deterioration in Q3 2025, primarily attributed to operational setbacks following the U.S. ERP system implementation.
Financial Performance (9 Months Ended 9/30/2025): Total Sales declined 7% YoY to $2.19B. Net Income from continuing operations fell sharply to $12M (down from $79M). The company posted a total Net Loss of $18M (vs. $78M Net Income in 2024), significantly impacted by a $30M loss from discontinued operations. Operating Income collapsed to $36M (down 71%). Cash flow from operations turned ne
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