Dril-Quip, Inc. Announces Results For First Quarter 2016

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Dril-Quip (DRQ) Tops Q1 EPS by 14c

April 26, 2016 6:11 AM EDT

Dril-Quip (NYSE: DRQ) reported Q1 EPS of $0.97, $0.14 better than the analyst estimate of $0.83. Revenue for the quarter came in at $166.6 million versus the consensus estimate of $167.4 million.

he first quarter 2016 results were favorably impacted by an after-tax foreign exchange gain of $5.4... More