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MRC: Q4 Earnings Snapshot

MRC: Q4 Earnings Snapshot

By AP News
Published - Feb 13, 2024, 05:00 PM ET
Last Updated - Feb 13, 2024, 05:00 PM EST

HOUSTON (AP) — HOUSTON (AP) — MRC Global Inc. (MRC) on Tuesday reported profit of $21 million in its fourth quarter.

The Houston-based company said it had profit of 17 cents per share. Earnings, adjusted for non-recurring costs, were 23 cents per share.

The energy products distributor posted revenue of $768 million in the period.

For the year, the company reported profit of $114 million, or $1.05 per share. Revenue was reported as $3.41 billion.

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