secwatch.observer — SEC 8-K summary
======================================

Issuer:     OIL STATES INTERNATIONAL, INC (OIS)
CIK:        0001121484
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001121484-24-000070
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oil States Q3 net loss $14.3M ($0.23/sh) on $174.3M revenue, down 6% sequentially
--------------------------------------------------------------------------------

- Net loss includes $18.2M restructuring; adjusted net income $2.7M ($0.04/sh).
- Offshore Manufactured Products revenue $102.2M (+1% seq), Adj Segment EBITDA $23.3M (+16%).
- Completion & Production Services (ex Well Site Services) revenue $40.1M (-14% seq); segment restructuring with $12.9M non-cash impairments.
- Generated $28.8M cash from ops; Board approved new $50M share repurchase authorization through Oct 2026.
- Backlog $313M; quarterly book-to-bill 1.1x on $112M bookings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1121484/000112148424000070/0001121484-24-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1121484/000112148424000070/ois-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001121484-24-000070

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