Dril-Quip (DRQ) Tops Q4 EPS by 36c
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Dril-Quip, Inc. Announces Results For 4th Quarter & Year End 2015
February 25, 2016 6:00 AM ESTHOUSTON, Feb. 25, 2016 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $48.4 million, or $1.28 per diluted share, for the three months ended December 31, 2015, versus net income of $59.1 million, or $1.50 per diluted share, for the fourth quarter of 2014. The fourth quarter 2015 results were favorably impacted by an after-tax foreign exchange gain of $3.1 million, or $0.08 per diluted share, as compared to an after-tax foreign exchange gain of $2.6 million, or $0.07 per diluted share, during the fourth quarter of 2014. Total revenues were $201.6 million during the quarter ended December 31, 2015 compared to $254.8 million for the same... More
