secwatch.observer — SEC 8-K summary
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Issuer:     OCEANEERING INTERNATIONAL INC (OII)
CIK:        0000073756
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0000073756-25-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oceaneering Q4 2024 beats; revenue $713M, adj EBITDA $102M; FY25 EBITDA guidance $380M-$430M
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- Q4 revenue $713M (+9% YoY), operating income $77.9M (+64%), net income $56.1M (+26%), adj EBITDA $102M (+35%).
- FY2024 revenue $2.7B (+10%), net income $147M (+51%), free cash flow $96.1M, share repurchases $20M.
- SSR ROV avg revenue per day up 12% to $10,786; OPG operating margin improved to 21% from 9%.
- FY2025 guidance: EBITDA $380-$430M, net income $160-$190M, FCF $110-$130M, capex $130-$140M.
- Acquired Global Design Innovation Ltd. (digital/software) in Q4; Q1 2025 EBITDA guidance $80-$90M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73756/000007375625000007/0000073756-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73756/000007375625000007/oii-20250219.htm
  HTML page:      https://secwatch.observer/filing/0000073756-25-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer