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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. CSX
7. LRCX
8. MRK
9. LVS
10. SAP

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

Oceaneering Reports Second Quarter 2018 Results

July 25, 2018 5:01 PM EDT

HOUSTON, July 25, 2018 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE: OII) today reported a net loss of $33.1 million, or $(0.34) per share, on revenue of $479 million for the three months ended June 30, 2018.  Excluding the $10.1 million after-tax impacts of adjustments, comprised of foreign currency exchange losses and write-offs of certain equipment and intangibles, adjusted net loss was $23.0 million, or $(0.23) per share.  During the prior quarter ended March 31, 2018, Oceaneering reported a net loss of $49.1 million, or $(0.50) per share, on revenue of $416 million, and an adjusted net loss of $40.2 million, or $(0.41) per share.

Adjusted operating... More