earnings
confidence high
sentiment neutral
materiality 0.55
Oil States Q2 net income $1.3M; revenue $186.4M up 11% sequentially
OIL STATES INTERNATIONAL, INC
2024-Q2 EPS reported
-$0.19
revenue$353,645,000
- Net income $1.3M ($0.02 EPS); adjusted net income $4.4M ($0.07 EPS) excluding $3.9M charges.
- Revenue $186.4M (+11% sequential, +2% YoY); Offshore Manufactured Products revenue $101.6M (+17% seq).
- Adjusted EBITDA $21.3M (+38% sequential, +12% YoY); bookings $101M, backlog $300M at quarter-end.
- Purchased $11.5M principal of 4.75% convertible notes at 94% of par and $2.4M of common stock.