Frank's International (FI) Tops Q4 EPS by 6c

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Go back to Frank's International (FI) Tops Q4 EPS by 6c

Frank’s International N.V. Announces Fourth Quarter and Full Year 2020 Results

February 23, 2021 7:00 AM EST

HOUSTON, Feb. 23, 2021 (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, 2020.

Fourth Quarter 2020 Financial Highlights

Delivered fourth quarter revenue of $96.3 million, a 14.1% increase over the prior period, primarily driven by 22.9% sequential revenue improvement in our Tubular Running Services segment.Fourth quarter net loss of $8.2 million, an improvement of more than 70% over the prior... More