Oceaneering Reports Second Quarter 2018 Results

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Oceaneering (OII) Tops Q2 EPS by 2c, Revenues Beat

July 25, 2018 5:04 PM EDT

Oceaneering (NYSE: OII) reported Q2 EPS of ($0.23), $0.02 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $478.67 million versus the consensus estimate of $446.46 million.

Roderick A. Larson, President and Chief Executive Officer of Oceaneering, stated, "The sequential improvement in our adjusted consolidated second quarter 2018 operating results met our expectations, and... More