Frank's International (FI) Misses Q4 EPS by 2c

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Frank’s International N.V. Announces Fourth Quarter and Full Year 2019 Results

February 25, 2020 7:01 AM EST

Annual Results Demonstrate Strong Improvement While New Contracts, Cost Reduction Activities and Share Repurchase Program Guide to Robust 2020

HOUSTON, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Franks International N.V. (NYSE: FI) (the Company or Franks) today reported financial and operational results for the three and twelve months ended December 31, 2019.

Fourth Quarter 2019 Financial Highlights

Revenue for the quarter totaled $139.4 million, holding steady from the prior quarter despite declines principally in the U.S. onshore market. The Tubulars segment did see... More