Oceaneering (OII) Reports In-Line Q4 EPS

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Oceaneering Reports Fourth Quarter and Full Year 2015 Results

February 10, 2016 5:03 PM EST

HOUSTON, Feb. 10, 2016 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering" or "the Company") (NYSE: OII) today reported net income of $27.5 million, or $0.28 per share, on revenue of $722 million for the three months ended December 31, 2015.  Adjusted net income was $57.4 million, or $0.58 per share, excluding the $45.9 million pre-tax impact of asset write-downs, provisions for certain reserves, restructuring expenses and foreign currency losses recognized during the quarter.  During the fourth quarter of 2014, Oceaneering reported net income of $102 million, or $0.99 per share, on revenue of $919 million. 

Adjusted pre-tax income, net income, and earnings per share are non-GAAP... More

Oceaneering Declares Quarterly Dividend

February 10, 2016 5:02 PM EST

HOUSTON, Feb. 10, 2016 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering" or "the Company") (NYSE: OII) announced today that its Board of Directors declared a regular quarterly dividend of $0.27 per common share. The dividend is payable March 18, 2016 to shareholders of record at the close of... More