Oil States International Inc. Q4 income increases in line with estimates

Oil States International Inc. (OIS) reported earnings for its fourth quarter that increased from last year in line with the Street estimates.

The company's bottom line totaled $5.96 million, or $0.09 per share. This compares with $2.89 million, or $0.05 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.9% to $208.27 million from $202.43 million last year.

Oil States International Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $5.96 Mln. vs. $2.89 Mln. last year.
-EPS (Q4): $0.09 vs. $0.05 last year.
-Analyst Estimate: $0.09
-Revenue (Q4): $208.27 Mln vs. $202.43 Mln last year.

by RTTNews Staff Writer

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