Tesco (TESO) Tops Q4 EPS by 7c
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TESCO Corporation Reports Fourth Quarter 2016 Results
February 28, 2017 6:00 AM ESTHOUSTON, Feb. 28, 2017 /PRNewswire/ --Â TESCO Corporation ("TESCO" or the "Company") (NASDAQ: TESO) today reported fourth quarter 2016 financial and operating results.
Fourth Quarter Operating Results
Fernando Assing, TESCO's Chief Executive Officer, commented, "We are encouraged by our improved sequential financial performance as activity levels respond to higher commodity prices and rig count. However, we remain cautious as we recognize that 2017 will still present challenges in international and offshore markets as well as increasing cost escalation risks and limited pricing power in North America."
TESCO reported revenue of $35.3... More
