Oil States International (OIS) Tuesday reported a rise in fourth-quarter net income to $98.5 million or $1.78 per share, from $94.2 million or $1.72 per share last year, despite a rise in expenses.
The latest quarter results reflect improved revenues and an other income totaling $888 thousand, compared with a loss of $915 thousand in the year-ago quarter.
Meanwhile, revenues for the quarter grew to $1.14 billion, from $995.80 million in the prior year.
On average, 20 analysts polled by Thomson Reuters expected the company to report profit of $1.89 per share on revenue of $1.09 billion for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.