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Frank's International (FI) Misses Q1 EPS by 6c

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Frank’s International N.V. Announces First Quarter 2019 Results

May 7, 2019 7:02 AM EDT

-- New Segment Reporting Supports Business Unit Visibility and Accountability --

- Total Revenues Increase 25% from First Quarter 2018 and Substantially Flat with Fourth Quarter 2018
- Tubular Running Services Segment Revenues Up 24% from First Quarter 2018 as U.S. Onshore Business Grows Revenues for Eleventh Consecutive Quarter
- Tubulars Segment Revenues Increase 5% from First Quarter 2018 with Sequential Decrease Primarily Due to Timing of Large Order in Fourth Quarter 2018
- Cementing Equipment Segment Revenues Up 22% Sequentially and 46% Year-Over-Year

HOUSTON, May 07, 2019 (GLOBE NEWSWIRE) -- Franks... More