Tesco (TESO) Misses Q1 EPS by 11c

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Tesco Corporation Reports First Quarter 2016 Results

May 10, 2016 6:00 AM EDT

HOUSTON, May 10, 2016 /PRNewswire/ -- Tesco Corporation ("TESCO" or the "Company") (NASDAQ: TESO) today reported first quarter 2016 financial and operating results.

First Quarter Operating Results

Fernando Assing, Tesco's Chief Executive Officer, commented, "We continue to maintain the position that the market will remain lower for longer and cash generation is our number one priority. We were pleased that our overall cash levels increased during the first quarter despite the drop in revenue and profitability."

"We implemented additional global restructuring actions in the first quarter that are expected... More

Tesco Corporation Schedules First Quarter 2016 Earnings Release and Conference Call for May 10

May 9, 2016 7:00 AM EDT

HOUSTON, April 27, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that it will release its first quarter 2016 financial results on Tuesday, May 10, 2016 before the market opens.  In conjunction with the news release, Tesco has scheduled a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern... More