Oil States International, Inc. (OIS) Misses Q1 EPS by 1c

Go back to Oil States International, Inc. (OIS) Misses Q1 EPS by 1c

Oil States Announces First Quarter 2014 Earnings

May 1, 2014 5:03 PM EDT

HOUSTON, May 1, 2014 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported net income from continuing operations for the quarter ended March 31, 2014 of $71.3 million, or $1.32 per diluted share, which included $1.4 million, or $0.02 per diluted share after-tax, from transaction costs incurred in conjunction with the planned spin-off of the accommodations segment. These results compare to net income from continuing operations of $93.2 million, or $1.69 per diluted share, reported in the first quarter of 2013, which included a pre-tax gain of $4.0 million, or $0.05 per diluted share after-tax, related to the reversal of an estimated earnout liability associated with an... More