Oceaneering International Inc. (OII) announced earnings for first quarter that Dropped, from last year
The company's bottom line came in at $36.11 million, or $0.36 per share. This compares with $50.38 million, or $0.49 per share, last year.
The company's revenue for the period rose 2.7% to $692.43 million from $674.52 million last year.
Oceaneering International Inc. earnings at a glance (GAAP) :
-Earnings: $36.11 Mln. vs. $50.38 Mln. last year.-EPS: $0.36 vs. $0.49 last year.-Revenue: $692.43 Mln vs. $674.52 Mln last year.
Second-quarter 2026 revenue is projected to increase and EBITDA is expected to be in the range of $100 million to $110 million.
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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.