Oceaneering (OII) Misses Q1 EPS by 9c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. CRWD
6. ON
7. DOX
8. INSP
9. HNGE
10. AMD

Go back to Oceaneering (OII) Misses Q1 EPS by 9c

Oceaneering Reports First Quarter 2016 Results

April 25, 2016 5:02 PM EDT

HOUSTON, April 25, 2016 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering" or "the Company") (NYSE: OII) today reported net income of $25.1 million, or $0.26 per share, on revenue of $608 million for the three months ended March 31, 2016.  These results included $5.9 million of pretax foreign currency losses reported in other income and expenses.  During the corresponding period in 2015, Oceaneering reported net income of $69.5 million, or $0.70 per share, on revenue of $787 million.

For the fourth quarter of 2015, Oceaneering reported net income of $27.5 million, or $0.28 per share, on revenue of $722 million.  These results included the $45.9 million pre-tax impact of asset... More