MRC Global (MRC) Misses Q2 EPS by 5c, Revenues Beats

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Go back to MRC Global (MRC) Misses Q2 EPS by 5c, Revenues Beats

MRC Global Announces Second Quarter 2018 Results

August 1, 2018 4:15 PM EDT

HOUSTON, Aug 1, 2018 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy industry, today announced second quarter 2018 results.

The company's sales were $1.08 billion for the second quarter of 2018, which were 17% higher than the second quarter of 2017 and 7% higher than the first quarter of 2018. All end-markets experienced growth against both comparative periods.

Net income attributable to common stockholders for the second quarter of 2018 was $16 million, or $0.17 per diluted share, compared to net income... More