Oil States (OIS) Tops Q4 EPS by 2c

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Go back to Oil States (OIS) Tops Q4 EPS by 2c

Oil States Announces Fourth Quarter 2016 Results

February 15, 2017 6:32 PM EST

Fourth Quarter Highlights:

Reports net loss per diluted share of $0.21; $0.20 adjusted net loss per diluted share excluding severance and other downsizing chargesWell site services generated positive EBITDA margins for the first time in three quartersOffshore products EBITDA margin averaged 22.1%Offshore products book-to-bill ratio totaled 0.98x; full year book-to-bill ratio totaled 0.74xReduced total debt by $21 million during the quarter; total debt to total capitalization ratio ended the quarter at 3.7%

HOUSTON, Feb. 15, 2017 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:... More