Tenaris SA (TS) Misses Q2 EPS by 3c
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Tenaris Announces 2017 Second Quarter Results
August 2, 2017 4:32 PM EDTLUXEMBOURG -- (Marketwired) -- 08/02/17 -- Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) ("Tenaris") today announced its results for the quarter ended June 30, 2017 in comparison with its results for the quarter ended June 30, 2016.
Summary of 2017 Second Quarter Results (Comparison with first quarter 2017 and second quarter of 2016, with Conduit operations reclassified as discontinued operations) 2Q 2017 1Q 2017 2Q 2016 -------- ------------- ------------ Net sales ($ million) 1,243 1,154 8% 1,055 18% Operating income (loss) ($ million) 51 36 43% (62) 184% Net income (loss) ($ million) 73 206 (64%) (9) 900% Shareholders' net income (loss) ($ million) 75 205 (64%) (13) 662% Earnings (losses) per ADS ($) 0.13 0.35 (64%) (0.02) 662% Earnings (losses) per share ($) 0.06 0.17 (64%) (0.01) 662% EBITDA* ($ million)... More
