Oil States Announces Second Quarter 2019 Results of Operations

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Go back to Oil States Announces Second Quarter 2019 Results of Operations

Oil States (OIS) Misses Q2 EPS by 5c, Revenues Miss

July 29, 2019 7:04 AM EDT

Oil States (NYSE: OIS) reported Q2 EPS of ($0.16), $0.05 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $264.69 million versus the consensus estimate of $274.05 million.

Second quarter 2019 highlights included:

Offshore/Manufactured Products backlog increase of 21%, resulting in a 1.6x book-to-bill ratio for the quarterCash flow from... More