Oil States (OIS) Tops Q2 EPS by 12c
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July 28, 2015 7:21 PM EDT
HOUSTON, July 28, 2015 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported net income for the second quarter ended June 30, 2015 of $6.1 million, or $0.12 per diluted share, which included pre-tax charges of $1.7 million for severance and other downsizing initiatives. Excluding these second quarter 2015 charges, net income would have totaled $7.5 million, or $0.15 per diluted share. These results compare to adjusted net income from continuing operations of $47.6 million, or $0.88 per diluted share, reported in the second quarter of 2014. The results for the second quarter of 2014 excluded spin-off related charges totaling $110.0 million, or $1.33 per diluted share after-tax,... More
July 28, 2015 7:21 PM EDT
HOUSTON, July 28, 2015 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported net income for the second quarter ended June 30, 2015 of $6.1 million, or $0.12 per diluted share, which included pre-tax charges of $1.7 million for severance and other downsizing initiatives. Excluding these second quarter 2015 charges, net income would have totaled $7.5 million, or $0.15 per diluted share. These results compare to adjusted net income from continuing operations of $47.6 million, or $0.88 per diluted share, reported in the second quarter of 2014. The results for the second quarter of 2014 excluded spin-off related charges totaling $110.0 million, or $1.33 per diluted share after-tax,... More
