McDermott Reports Second Quarter 2018 Financial and Operational Results

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McDermott (MDR) Tops Q2 EPS by 7c, Revenues Miss

July 31, 2018 4:43 PM EDT

McDermott (NYSE: MDR) reported Q2 EPS of $0.29, $0.07 better than the analyst estimate of $0.22. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.95 billion.

Solid Outlook

"Our healthy revenue opportunity pipeline reflects our competitive differentiation and the breadth... More