Frank's International (FI) Misses Q1 EPS by 6c
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
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