Frank's International (FI) Lowers Quarterly Dividend 50% to $0.075; 2% Yield

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Go back to Frank's International (FI) Lowers Quarterly Dividend 50% to $0.075; 2% Yield

Frank's International (FI) Misses Q2 EPS by 13c, Reduces Dividend

July 28, 2016 9:20 AM EDT

Frank's International (NYSE: FI) reported Q2 EPS of ($0.14), $0.13 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $120.9 million versus the consensus estimate of $140 million.

Dividends

On July 22, 2016, the Board of Managing Directors of the Company (the Management Board), with the... More