Oil States Q3 net income $2.1M ($0.03/sh); revenue $189.4M, Adj EBITDA $22.0M

OIL STATES INTERNATIONAL, INC

2022-Q3 EPS reported -$0.20 revenue$535,272,000

Revenue of $189.4M increased 4% sequentially; net income vs. Q2 net loss of $5.1M.
Adjusted Consolidated EBITDA of $22.0M, up from $17.0M in Q2 2022.
Offshore/Manufactured Products backlog $258M (up 7% seq); book-to-bill 1.2x.
Litigation settlement gain of $6.1M ($0.07/sh); cash from ops $29.0M.
Cash on hand $33.1M; no borrowings on ABL facility; total debt 19% of cap.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OIL STATES INTERNATIONAL, INC reported the third quarter of 2022 results: revenue $189.4 million, net income $2.1 million, EPS $0.03 per share.

Period: the third quarter of 2022
Revenue: $189.4 million
Net income: $2.1 million
EPS: $0.03 per share
Result: reported results

Exact text from the filing

million after-tax, or $0.07 per share) recognized in connection with the settlement of a litigation matter. During the third quarter of 2022, the Company generated revenues of $189.4 million and Adjusted Consolidated EBITDA (Note A) of $22.0 million. These results compare to revenues of $181.8 million, a net loss of $5.1 million ($0.08 per share) and Adjusted

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Source: SEC EDGAR

accession 0001171843-22-006845

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