McDermott International Inc. (MDR) reported third-quarter net income attributable to the company of $118.1 million or $0.50 per share, compared to $85.6 million, or $0.37 per share, in the corresponding period of 2008.
The Company's operating income improved 57 percent to $144.8 million in the 2009 third quarter, compared to $92.0 million in the 2008 third quarter, despite a combined $45.1 million increase in depreciation & amortization and pension expenses.
Revenues for the third quarter were $1.68 billion, compared to $1.66 billion in the corresponding period in 2008. Analysts polled by Thomson Reuters expected the company to report revenues of $1.53 billion for the third-quarter. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.