Dril-Quip (DRQ) Misses Q3 EPS by 17c

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Go back to Dril-Quip (DRQ) Misses Q3 EPS by 17c

Dril-Quip, Inc. Announces Third Quarter 2021 Results

October 28, 2021 4:30 PM EDT

HOUSTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the Company or Dril-Quip) today reported operational and financial results for the third quarter of 2021.

Key highlights for the third quarter of 2021 included:

Increased revenue to $83.0 million on higher aftermarket activity in the Western Hemisphere;Recorded third quarter net loss of $11.1 million, or $0.31 per share, an improvement of $7.9 million, or $0.23 per share, from the second quarter of 2021;Reported... More