Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Oil States Int'l Q1 Profit Rises

RELATED NEWS
Trade OIS now with 

Oil States International (OIS: Quote) reported first-quarter net income attributable to the company of $135.1 million, compared to $62.1 million in the prior year quarter. On a per share basis, earnings attributable to the company's common stockholders was $2.43, up from $1.13 in the year-ago quarter.

Operating income for the quarter was $204.25 million, up from $94.78 million in the previous year period.

Revenues for the quarter were $1.10 billion, compared with $760.44 million in the comparable quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report profit of $1.79 per share on revenue of $994.81 million for the quarter. Analysts' estimates typically exclude special items.

Click here to receive FREE breaking news email alerts for Oil States International Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The U.K. economy grew more than estimated in the second quarter and the current account deficit widened from the first quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent. Eurozone inflation slowed in September, as expected, to the lowest since late 2009 and the unemployment rate remained stable at a double digit level in August putting pressure on the European Central Bank to launch a full-blown easing. Inflation came in at 0.3 percent, slower than August's 0.4 percent. This was the lowest since October 2009, when prices fell 0.1 percent. Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.