Cowen Upgrades Oceaneering Intl (OII) to Market Perform

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Cowen Upgrades Oceaneering Intl (OII) to Market Perform

Oceaneering Announces Third Quarter Earnings

October 28, 2015 5:02 PM EDT

HOUSTON, Oct. 28, 2015 /PRNewswire/ -- Oceaneering International, Inc. (NYSE: OII) today reported earnings for the quarter ended September 30, 2015.  On revenue of $743.6 million, Oceaneering generated net income of $68.5 million, or $0.70 per share.  These results included $9.2 million of pretax foreign currency losses, reported in other income and expenses.

Third quarter 2015 results compared to the corresponding period of 2014 and the second quarter of 2015 are shown in the table below.

 

Summary of Results

(in thousands, except per share amounts)

 

             Three Months Ended       ... More