Oil States Announces Fourth Quarter 2019 Results of Operations

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

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

Oil States (OIS) Misses Q4 EPS by 5c, Revenues Beat

February 19, 2020 5:29 PM EST

Oil States (NYSE: OIS) reported Q4 EPS of ($0.24), $0.05 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $238.36 million versus the consensus estimate of $237.78 million.

Fourth quarter 2019 highlights included:

Generated $21.5 million in cash flow from operationsRepaid $13.1 million in borrowings under the revolving credit facilityRepurchased $6.8 million in principal amount of the convertible senior notes at a 13% discount to par valueTotal debt to capitalization of 16.9%Recorded a non-cash goodwill impairment charge of $165.0... More