Smith International, Inc. (SII) reported fourth-quarter net income attributable to Smith of $20.11 million or $0.09 per share, compared to $199.18 million or $0.91 per share last year.
On average, 25 analysts polled by Thomson Reuters expected the company to report earnings of $0.09 per share. Analysts' estimates typically exclude special items.
Revenue declined to $1.98 billion from $3.06 billion in the prior year quarter.
Eighteen analysts estimated revenues of $1.92 billion.
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