Loading...
•
Dec 31, 2023
Oil States Q4 2023 Earnings Report
Reported net income and increased revenues driven by offshore and international activity.
Key Takeaways
Oil States International, Inc. reported a net income of $6.0 million, or $0.09 per share, and Adjusted EBITDA of $24.0 million for Q4 2023 on revenues of $208.3 million. The Offshore/Manufactured Products segment revenues grew 24% sequentially.
Net income of $6.0 million, or $0.09 per diluted share, reported for the quarter
Consolidated revenues of $208.3 million increased 7% sequentially, driven by higher offshore and international activity
Offshore/Manufactured Products segment revenues increased 24% sequentially to $137.9 million – the highest level reported since the fourth quarter of 2015
Invested $3.9 million in share repurchases during the quarter
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...