Oil States (OIS) Tops Q4 EPS by 10c
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Oil States Announces Fourth Quarter 2014 Earnings of $1.09 Per Share
February 18, 2015 4:56 PM ESTHOUSTON, Feb. 18, 2015 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported net income from continuing operations for the fourth quarter ended December 31, 2014 of $58.3 million, or $1.09 per diluted share. These results compare to net income from continuing operations of $36.1 million, or $0.65 per diluted share, reported in the fourth quarter of 2013. Results for the fourth quarter of 2013 included pre-tax charges of $1.6 million for transaction costs primarily associated with the May 30, 2014 spin-off of the accommodations segment into a stand-alone, publicly traded corporation, Civeo Corporation or Civeo, and losses on debt extinguishment of $6.2 million. Excluding the fourth quarter... More
