Oil States International, Inc. reported net income of $1.3 million, or $0.02 per share, and Adjusted EBITDA of $21.3 million for the second quarter of 2024 on revenues of $186.4 million. Second quarter consolidated revenues and Adjusted EBITDA increased 11% and 38% sequentially – driven by higher project-related activity within our Offshore Manufactured Products segment.
Net income of $1.3 million, or $0.02 per share, was reported for the quarter.
Adjusted net income of $4.4 million, or $0.07 per share, excluding charges and credits.
Consolidated revenues of $186.4 million increased 11% sequentially.
Adjusted EBITDA of $21.3 million increased 38% sequentially.
No forward guidance provided in this report.
Visualization of income flow from segment revenue to net income
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