earnings
confidence high
sentiment negative
materiality 0.75
Oil States Q4 revenue $164.6M (-21% YoY); adj net income $5.5M ($0.09 EPS)
OIL STATES INTERNATIONAL, INC
2024-FY EPS reported
-$0.18
revenue$692,588,000
- Net income $15.2M includes $15.3M facility sale gain, $3.1M charges; adj net income $5.5M.
- Revenue fell 6% sequentially and 21% YoY to $164.6M; U.S. land revenue down 36% YoY to $46.4M.
- Offshore Manufactured Products segment revenue up 5% sequentially to $107M, backlog $311M.
- Repurchased $9.1M of common stock; new $50M share repurchase authorization through Oct 2026.
- Generated $18.2M operating cash flow; net debt reduced by $19.4M.