Oil States (OIS) Misses Q1 EPS by 3c
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Oil States Announces First Quarter 2022 Results of Operations
April 28, 2022 5:15 PM EDTHOUSTON, April 28, 2022 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported a net loss of $9.4 million, or $0.16 per share, for the first quarter of 2022. During the first quarter of 2022, the Company generated revenues of $164.0 million and Consolidated EBITDA (Note A) of $14.5 million. These results compare to revenues of $161.3 million and Adjusted Consolidated EBITDA of $13.4 million reported in the fourth quarter of 2021.
First quarter 2022 highlights included:
Consolidated revenues and EBITDA rose to the highest level reported since the outbreak of the COVID-19... More