Oceaneering (OII) Tops Q2 EPS by 8c; Trims FY15 EPS Outlook

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Oceaneering Announces Second Quarter Earnings

July 22, 2015 5:02 PM EDT

HOUSTON, July 22, 2015 /PRNewswire/ -- Oceaneering International, Inc. (NYSE: OII) today reported quarterly earnings for the second quarter ended June 30, 2015.

On revenue of $810.3 million, Oceaneering generated net income of $65.5 million, or $0.66 per share.   Excluding the impacts of a $9.0 million inventory write-down, or $0.06 per share, and $6.0 million of net foreign currency exchange losses, or $0.04 per share, adjusted net income was $75.2 million, or $0.76 per share.  The calculations of adjusted net income and earnings per share are shown in the table Adjusted Net Income and Diluted Earnings per Share (EPS), under the caption Reconciliation of GAAP... More

Oceaneering Declares Quarterly Dividend

July 22, 2015 5:01 PM EDT

HOUSTON, July 22, 2015 /PRNewswire/ -- Oceaneering International, Inc. (NYSE: OII) announced today that its Board of Directors declared a regular quarterly dividend of $0.27 per common share.  The dividend is payable September 18, 2015 to shareholders of record at the close of business on August 28,... More