Frank's International (FI) Misses Q2 EPS by 13c, Reduces Dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
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
