The following are key financial performance figures for Oil States International Inc. (OIS):
The company reported a loss of $13.4 million in the first quarter, compared to a profit of $2.3 million during the same period last year. The per share earnings (EPS) stood at a negative $0.21 in the first quarter as opposed to a positive $0.09 during the same period last year. However, taking into account specific items, Oil States International Inc. reported an adjusted loss of $1.9 million or -$0.03 per share for the period.
Market analysts had projected a per share loss of $0.01. The company's revenue was $167.3 million in the first quarter, compared to the $196.2 million reported during the same period last year.
