Frank's International (FI) Misses Q1 EPS by 7c

Go back to Frank's International (FI) Misses Q1 EPS by 7c

Frank’s International N.V. Announces First Quarter 2018 Results

May 8, 2018 7:00 AM EDT

U.S. offshore revenue up 20% sequentiallyBlackhawk segment reported record U.S. onshore product revenuesSuccessful expansion of drilling tools technology in Middle East and North American markets

HOUSTON, May 08, 2018 (GLOBE NEWSWIRE) -- Franks International N.V. (NYSE: FI) (the Company or Franks) today reported revenues of $115.6 million and a net loss of $42.1 million, or $0.19 per share, for the three months ended March 31, 2018. Adjusted net loss per diluted share for the first quarter was $0.18, excluding $1.1 million in severance... More