Dril-Quip (DRQ) Misses Q4 EPS by 20c
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Dril-Quip, Inc. Announces Results For Second Quarter 2015
July 30, 2015 7:30 AM EDTHOUSTON, July 30, 2015 /PRNewswire/ --Â Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $39.2 million, or $1.01 per diluted share, for the three months ended June 30, 2015, versus net income of $51.3 million, or $1.27 per diluted share, for the second quarter of 2014. The second quarter 2015 results were unfavorably impacted by an after-tax foreign exchange loss of $8.8 million, or $0.23 per diluted share, as compared to an after-tax foreign exchange loss of $1.5 million, or $0.04 per diluted share, during the second quarter of 2014. Total revenues were $215.3 million during the quarter ended June 30, 2015 compared to $230.3 million for the same period in... More
