---
schema_version: "secwatch.filing_event.v1"
accession: "0000073756-24-000155"
form_type: "8-K"
ticker: "OII"
cik: "0000073756"
company_name: "OCEANEERING INTERNATIONAL INC"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:15:47.640060+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000073756-24-000155
- form_type: 8-K
- ticker: OII
- cik: 0000073756
- company_name: OCEANEERING INTERNATIONAL INC
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73756/000007375624000155/0000073756-24-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73756/000007375624000155/oii-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000073756-24-000155
- JSON: https://secwatch.observer/filing/0000073756-24-000155.json
- Plain text: https://secwatch.observer/filing/0000073756-24-000155.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.