Oil States (OIS) Misses Q2 EPS by 4c

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Go back to Oil States (OIS) Misses Q2 EPS by 4c

Oil States Announces Second Quarter 2017 Results

July 31, 2017 7:00 AM EDT

Second Quarter Highlights:

Reports net loss per diluted share of $0.28; $0.27 adjusted net loss per diluted share excluding severance and other downsizing chargesWell site services revenues increased 70% year-over-yearOffshore/manufactured products- Segment EBITDA margin averaged 16.8% (17.0% Adjusted)Offshore/manufactured products- achieved a book-to-bill ratio of 0.99xInvested $9 million in M&A activitiesInvested $16 million in share repurchases

HOUSTON, July 31, 2017 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported a net loss for the second quarter of 2017 of $14.2 million, or $0.28 per diluted... More