Dril-Quip (DRQ) Misses Q4 EPS by 14c, offers outlook

Dril-Quip (NYSE: DRQ) reported Q4 EPS of $0.04, $0.14 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $126.34 million versus the consensus estimate of $118.58 million.

2024 Financial Outlook:

Revenue growth of 15%-20%
Adjusted EBITDA of $65 million to $75 million
Subsea Product Bookings of $200 million to $225 million
Capital Expenditures 3-5% of revenue

For earnings history and earnings-related data on Dril-Quip (DRQ) click here.

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