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Stock impact report

Oil States Announces Third Quarter 2024 Results

Oil States International, Inc. (OIS) 
Last oil states international, inc. earnings: 4/29 05:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.oilstatesintl.com/investor-relations
Company Research Source: Business Wire
Net loss of $14.3 million, or $0.23 per share, reported for the quarter, which included restructuring and other charges totaling $18.2 million ($17.0 million, after-tax, or $0.27 per share)Adjusted net income of $2.7 million, or $0.04 per share, excluding these restructuring and other charges (a non-GAAP measure(1))Consolidated revenues of $174.3 million decreased 6% sequentially, driven primarily by lower U.S. land-based activity and transitory project delays in the Gulf of MexicoAdjusted EBITDA (a non-GAAP measure(1)) of $21.5 million increased 1% sequentiallyWell Site Services segment name changed to the Completion and Production Services segment following the sale of its remaining drilling rigs and exit of its flowback and well testing service offeringGenerated cash flows from operations of $28.8 millionPurchased $3 million of our common stockBoard of Directors approved a new $50 million common stock repurchase authorization, which expires in October 2026 HOUSTON--(BUSINESS WIR Show less Read more
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