Oil States Q2 net income $5.9M; backlog $451M highest since 2015

OIL STATES INTERNATIONAL, INC

Revenue $156.7M, up 8% sequentially; net income $0.10 EPS vs $0.02 in Q1.
Adjusted EBITDA $19.0M, up 14% from Q1; adjusted EPS $0.14.
Backlog $451M (highest since March 2015); bookings $114M, book-to-bill 1.2x.
Retired remaining $52.7M of 4.75% convertible notes on April 1, 2026.
Repurchased $5M of common stock; new credit facility provides $125M capacity.

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