secwatch.observer — SEC 8-K summary
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Issuer:     OIL STATES INTERNATIONAL, INC (OIS)
CIK:        0001121484
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001121484-24-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1121484/000112148424000010/0001121484-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1121484/000112148424000010/ois-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001121484-24-000010

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