secwatch.observer — SEC 8-K summary
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Issuer:     OIL STATES INTERNATIONAL, INC (OIS)
CIK:        0001121484
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001171843-21-005201
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oil States Q2 net loss $15.3M; revenue $145.7M, up 16% sequentially; EBITDA up 64%
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- Net loss $15.3M ($0.25 per share) includes $2.8M impairment, $2.6M restructuring, $0.4M gain on debt extinguishment.
- Revenue $145.7M (+16% QoQ); Adj. Consolidated EBITDA $10.1M (+64% QoQ) driven by 27% growth in Offshore/Manufactured Products.
- Offshore/Manufactured Products revenue $76.9M, EBITDA $10.3M; backlog $214M, book-to-bill 0.9x in Q2, 1.0x YTD.
- Reduced net debt by $17.5M; repaid $7M revolver, bought $6.4M convertible notes at 7% discount; cash $62.7M, liquidity $113M.
- Denise Castillo-Rhodes joined Board; directors Jim Nelson and Bill Van Kleef retired in May.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1121484/000117184321005201/0001171843-21-005201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1121484/000117184321005201/f8k_072821.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-005201

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