Oil States (OIS) Misses Q4 EPS by 5c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Oil States Announces Fourth Quarter 2019 Results of Operations
February 19, 2020 5:25 PM ESTHOUSTON, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported a net loss for the fourth quarter of 2019 of $175.6Â million, or $2.95 per share. The reported fourth quarter 2019 results included a non-cash goodwill impairment charge of $165.0Â million ($165.0Â million after-tax, or $2.78 per share) and severance and downsizing charges totaling $0.5Â million ($0.4Â million after-tax, or $0.01 per share). During the fourth quarter of 2019, the Company generated revenues of $238.4Â million and Consolidated EBITDA (Note A) of $19.7Â million.
Fourth quarter 2019 highlights included:
Generated $21.5Â million in cash flow from... More