Imperial Capital Cuts Price Target on McDermott Int'l (MDR) Following 2Q15

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McDermott Reports Second Quarter 2015 Financial and Operational Results

August 10, 2015 4:04 PM EDT

Positive Financial Results Reported Across All Business Areas

Strong Execution on Current Project Portfolio

Revised Guidance for Full Year 2015

Company to Host Conference Call and Webcast Today at 4:00 pm CDT

HOUSTON--(BUSINESS WIRE)-- McDermott International, Inc. (NYSE: MDR) (McDermott or the Company) today announced financial and operational results for the quarter ended June 30, 2015. The Company reported second quarter 2015 net income of $11.5 million, or $0.04 per fully diluted share compared to a net loss of $7.4 million, or $0.03 per diluted... More