Oceaneering International: Q4 Earnings Snapshot
By AP News
Published - Feb 23, 2023, 05:45 PM ET
Last Updated - Jun 22, 2023, 07:47 PM EDT
HOUSTON (AP) — HOUSTON (AP) — Oceaneering International Inc. (OII) on Thursday reported fourth-quarter earnings of $23.1 million.
The Houston-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring gains, were 6 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The oilfield services company posted revenue of $536.2 million in the period.
