Oceaneering (OII) Tops Q2 EPS by 14c, Beats on Revenue; Offers FY25 Guidance

Oceaneering (NYSE: OII) reported Q2 EPS of $0.54, $0.14 better than the analyst estimate of $0.40. Revenue for the quarter came in at $698 million versus the consensus estimate of $682.13 million.

Full-year 2025 consolidated and segment guidance remains the same except as follows:

Consolidated revenue is expected to grow in the mid-single digit percent range;
Consolidated adjusted EBITDA is expected to be in the range of $390 million to $420 million;
SSR revenue is expected to grow in the mid-single digit percent range due to lower than expected contributions from our Survey business;
ROV fleet utilization is expected to be in the mid- to high-60 percent range; and
IMDS operating income margin is expected to be in the mid-single digit percent range.

For earnings history and earnings-related data on Oceaneering (OII) click here.

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