Oil States International: 2Q Earnings Snapshot

July 30, 2018

HOUSTON (AP) _ Oil States International Inc. (OIS) on Monday reported second-quarter net income of $2.7 million, after reporting a loss in the same period a year earlier.

The Houston-based company said it had profit of 5 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 5 cents per share.

The energy services company posted revenue of $285.8 million in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $282.8 million.

Oil States International shares have climbed 20 percent since the beginning of the year. The stock has climbed 27 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OIS at https://www.zacks.com/ap/OIS

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