Oil States (OIS) Misses Q2 EPS by 5c, Revenues Miss
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Oil States Announces Second Quarter 2019 Results of Operations
July 29, 2019 7:00 AM EDTHOUSTON, July 29, 2019 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported a net loss for the second quarter of 2019 of $9.7Â million, or $0.16 per diluted share, on revenues of $264.7Â million and Consolidated EBITDA (Note A) of $26.5Â million. The reported second quarter 2019 results included severance and downsizing charges totaling $1.3Â million ($1.0Â million after-tax, or $0.02 per diluted share). These results compare to reported net income for the second quarter of 2018 of $2.7Â million, or $0.05 per diluted share, on revenues of $285.8Â million and Consolidated EBITDA of $40.2Â million.
Second quarter 2019 highlights included:
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