Oceaneering (OII) Tops Q2 EPS by 3c

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Oceaneering Reports Second Quarter 2017 Results

July 26, 2017 5:02 PM EDT

HOUSTON, July 26, 2017 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE: OII) today reported  net income of $2.1 million, or $0.02 per share, on revenue of $515 million for the three months ended June 30, 2017.  During the prior quarter ended March 31, 2017, Oceaneering reported a net loss of $7.5 million, or $(0.08) per share, on revenue of $446 million, and an adjusted net loss of $4.0 million, or $(0.04) per share.

Adjusted operating income, operating margin, net income (loss) and earnings (loss) per share, EBITDA and adjusted EBITDA (as well as EBITDA and adjusted EBITDA margins) and free... More