Frank's International (FI) Misses Q2 EPS by 13c, Reduces Dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Frank’s International N.V. Announces Second Quarter 2016 Results
July 28, 2016 8:04 AM EDTHOUSTON, July 28, 2016 (GLOBE NEWSWIRE) -- Franks International N.V. (NYSE: FI) (Franks or the Company) today reported a net loss of $31 million, or $0.20 per share, on revenue of $121 million for the three months ended June 30, 2016 and an adjusted net loss of $22 million, or $0.14 per share. Adjusted net loss excludes a $9.7 million reserve for doubtful receivables related to the Companys Venezuela operations (ex-items). Adjusted EBITDA for the quarter was a loss of $13.7 million and adjusted EBITDA ex-items was a loss of $4.0 million for the quarter (Adjusted EBITDA and other non-GAAP reconciliations included in this... More
