OIS - Oil States GAAP EPS of $0.01 revenue of $183.5M
2023-07-27 08:40:12 ET
- Oil States press release ( NYSE: OIS ): Q2 GAAP EPS of $0.01.
- Revenue of $183.5M (+0.9% Y/Y).
- Net income of $0.6 million, or $0.01 per diluted share, reported for the quarter
- Revenue of $183.5 million, while down 6% sequentially, increased 1% year-over-year
- Adjusted EBITDA (a non-GAAP measure (1) ) of $19.0 million decreased $2.4 million sequentially but increased $2.0 million year-over-year
- Generated operating cash flow of $44.7 million in the quarter
- Offshore/Manufactured Products segment's backlog increased sequentially for a fourth consecutive quarter totaling $338 million as of June 30, with a quarterly book-to-bill ratio of 1.1x
- Invested $3.0 million in share repurchases
For further details see:
Oil States GAAP EPS of $0.01, revenue of $183.5M