McDermott Int'l (MDR) Reports Q1 Loss Per Share of 2c

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McDermott Reports First Quarter 2015 Financial and Operational Results

May 11, 2015 4:06 PM EDT

Successful Quarter of New Order Intake in the Middle East and Americas

Continued Focus on Efficient Execution of Key Projects Across All Areas

Company to Host Conference Call and Webcast Today at 4:00 p.m. CT

HOUSTON--(BUSINESS WIRE)-- McDermott International, Inc. (NYSE: MDR) (McDermott or the Company) today announced financial and operational results for the quarter ended March 31, 2015. The Company reported first quarter 2015 net loss of $14.5 million, or $0.06 per fully diluted share including restructuring charges, compared to a net loss of $46.5 million, or $0.20... More