Oil States International, Inc. (NYSE:OIS) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On July 31, 2017, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1. Press release dated July 31, 2017
OIL STATES INTERNATIONAL, INC ExhibitEX-99.1 2 exh_991.htm PRESS RELEASE EdgarFilingEXHIBIT 99.1Oil States Announces Second Quarter 2017 Results Second Quarter Highlights: Reports net loss per diluted share of $0.28; $0.27 adjusted net loss per diluted share excluding severance and other downsizing chargesWell site services revenues increased 70% year-over-yearOffshore/manufactured products- Segment EBITDA margin averaged 16.8% (17.0% Adjusted)Offshore/manufactured products- achieved a book-to-bill ratio of 0.99xInvested $9 million in M&A activitiesInvested $16 million in share repurchases HOUSTON,…To view the full exhibit click here
About Oil States International, Inc. (NYSE:OIS)
Oil States International, Inc., through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company’s segments include offshore products and well site services. It designs and manufactures a number of products for the offshore energy industry through Offshore Products segments. The well site services segment includes a range of products and services that are used to drill for, establish and maintain the flow of oil and natural gas from a well throughout its life cycle. It operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. Its customers include national oil companies, independent oil and natural gas companies, onshore and offshore drilling companies, and other oilfield service companies. It serves over two primary markets with its drilling services business.