Oil States (OIS) Reports Q3 EPS of 11c
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Oil States Announces Third Quarter 2015 Adjusted Earnings Per Share of $0.11
October 29, 2015 4:50 PM EDTThird Quarter Highlights:
Reports adjusted earnings per diluted share of $0.11 Offshore products EBITDA margins averaged 22.5% 50% sequential increase in offshore products orders Offshore products book-to-bill ratio totaled 0.98x Repurchased over 480,000 shares of common stockHOUSTON, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported net income for the third quarter ended September 30, 2015 of $1.7 million, or $0.03 per diluted share, which included the following significant items:
Higher effective tax rate (69.9%) due to a $3.2 million, or $0.06 per diluted share, tax valuation... More