Dril-Quip (DRQ) Misses Q4 EPS by 33c

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Go back to Dril-Quip (DRQ) Misses Q4 EPS by 33c

Dril-Quip, Inc. Announces Fourth Quarter and Full Year 2020 Results

February 25, 2021 4:42 PM EST

HOUSTON, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the Company or Dril-Quip) today reported operational and financial results for the fourth quarter and full year 2020.

Key highlights for the fourth quarter of 2020 included:

Delivered fourth quarter revenue of $87.2 million and full year 2020 revenue of $365.0 million despite significant disruptions to operations and timing of deliveries from pandemic related impacts;Recorded a net loss of $11.3 million, or $0.33 per share, in the fourth quarter of 2020 and a net loss of... More