Oceaneering Q3 net income $41.2M ($0.40 EPS); raises FY 2024 adj. EBITDA guidance to $340M-$350M

OCEANEERING INTERNATIONAL INC

2024-Q3 EPS reported $0.89 revenue$1,947,711,000

Net income $41.2M, diluted EPS $0.40; adjusted EPS $0.36 on revenue $680M.
SSR op income up 37% YoY; Manufactured Products op income up 37% on 17% rev growth; backlog $671M.
Revised FY2024 adj. EBITDA guidance to $340M-$350M (midpoint $345M, +19% YoY).
Initial FY2025 EBITDA guidance $400M-$430M; free cash flow expected to exceed FY2024.
Repurchased 422,229 shares for ~$10M in Q3; ending cash $452M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.