---
schema_version: "secwatch.filing_event.v1"
accession: "0001121484-24-000036"
form_type: "8-K"
ticker: "OIS"
cik: "0001121484"
company_name: "OIL STATES INTERNATIONAL, INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:13:45.233173+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oil States Q1 2024 net loss $13.4M; revenue down 20% sequentially; goodwill impairment of $10M

## Summary
- Net loss $13.4M ($0.21/share) includes $10M non-cash goodwill impairment; adjusted net loss $1.9M ($0.03/share).
- Consolidated revenue $167.3M, down 20% sequentially and 15% YoY; Adjusted EBITDA $15.5M, down 36% sequentially.
- Offshore Manufactured Products revenue $86.9M, down 31% sequentially; backlog $305M, book-to-bill 0.8x.
- Downhole Technologies revenue $33.1M, operating loss $12.1M due to goodwill impairment; Well Site Services operating loss $0.4M.
- ABL facility amended, maturity extended to Feb 2028; cash $24.1M; capex $10.1M for Batam land.

## SEC filing metadata
- accession: 0001121484-24-000036
- form_type: 8-K
- ticker: OIS
- cik: 0001121484
- company_name: OIL STATES INTERNATIONAL, INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1121484/000112148424000036/0001121484-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121484/000112148424000036/ois-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001121484-24-000036
- JSON: https://secwatch.observer/filing/0001121484-24-000036.json
- Plain text: https://secwatch.observer/filing/0001121484-24-000036.txt

## Key facts
- Earnings Releases
  OIL STATES INTERNATIONAL, INC reported the quarter ended March 31, 2024 results: revenue $167.3 million, net income net loss of $13.4 million, or $0.21 per diluted share, EPS $0.21 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $167.3 million
  - Net income: net loss of $13.4 million, or $0.21 per diluted share
  - EPS: $0.21 per diluted share
  - Result: reported results
  source text: after-tax, or $0.15 per share) • Net loss of $1.9 million, or $0.03 per diluted share, excluding goodwill and other charges (a non-GAAP measure (1) ) • Consolidated revenues of $167.3 million decreased 20% sequentially, driven primarily by the timing of conversion of orders from backlog • Adjusted EBITDA (a non-GAAP measure (1) ) of $15.5 million • Received two 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1121484/000112148424000036/0001121484-24-000036-index.htm

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