Oil States Q4 net income $6.0M ($0.09/share) on revenue $208.3M; offshore segment revs highest since Q4 2015

OIL STATES INTERNATIONAL, INC

2023-FY EPS reported $0.20 revenue$782,283,000

Net income $6.0M, diluted EPS $0.09; revenue $208.3M up 7% sequentially, 3% YoY.
Offshore/Manufactured Products revs $137.9M (+24% seq); backlog $333M; quarterly bookings $120M.
Well Site Services revs $51.2M (down 14% seq); Downhole Technologies revs $19.1M (down 18% seq).
Adjusted EBITDA $24.0M (+2% seq); full-year 2023 net income $12.9M vs net loss $9.5M in 2022.
Repurchased 563K shares for $3.9M; extended ABL Facility maturity to February 2028.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OIL STATES INTERNATIONAL, INC reported the year ended December 31, 2023 results: revenue $782.3 million, net income $12.9 million, EPS $0.20 per share.

Period: the year ended December 31, 2023
Revenue: $782.3 million
Net income: $12.9 million
EPS: $0.20 per share
Result: reported results

Exact text from the filing

For the year ended December 31, 2023, the Company reported net income of $12.9 million, or $0.20 per share, and Adjusted EBITDA of $87.8 million on revenues of $782.3 million.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OIL STATES INTERNATIONAL, INC reported the quarter ended December 31, 2023 results: revenue $208,266, net income $5,963, EPS $0.09 per diluted share.

Period: the quarter ended December 31, 2023
Revenue: $208,266
Net income: $5,963
EPS: $0.09 per diluted share
Result: reported results

Exact text from the filing

% Change (Unaudited, In Thousands, Except Per Share Amounts) December 31, 2023 September 30, 2023 December 31, 2022 Sequential Year-over-Year Consolidated results: Revenues $ 208,266 $ 194,289 $ 202,434 7 % 3 % Operating income (2)(3) $ 7,830 $ 6,190 $ 3,273 26 % 139 % Net income $ 5,963 $ 4,212 $ 2,885 42 % 107 % Diluted earning per share $ 0.09 $ 0.07 $ 0.05

View on SEC.gov

Browse all earnings releases →

OIL STATES INTERNATIONAL, INC filing history →

Source: SEC EDGAR

accession 0001121484-24-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.