Jon Erik Reinhardsen Joins Board of Directors

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Oceaneering (OII) Tops Q3 EPS by 1c

October 27, 2016 6:10 PM EDT

Oceaneering (NYSE: ) reported Q3 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $549 million versus the consensus estimate of $598.56 million.

M. Kevin McEvoy, Chief Executive Officer of Oceaneering, stated, "On an adjusted basis, our third quarter operating results were in line with our... More