Brief: Oceaneering Reports First Quarter 2023 Results

Oceaneering International

26/04/2023 22:51

April 26 (Reuters) - Oceaneering International Inc
 OII.N :
    * OCEANEERING REPORTS FIRST QUARTER 2023 RESULTS
    * AFFIRMED GUIDANCE FOR 2023
    * QTRLY EARNINGS PER SHARE $0.04
    * Q1 EARNINGS PER SHARE VIEW $0.08 -- REFINITIV IBES DATA
    * ANTICIPATE SIGNIFICANTLY HIGHER ACTIVITY LEVELS AND
OPERATING
PROFITABILITY IMPROVEMENT IN OUR OPG SEGMENT IN Q2
    * UNALLOCATED EXPENSES ARE FORECAST TO BE IN MID- TO
HIGH-$30
MILLION RANGE FOR Q2
    * OCEANEERING - ON CONSOLIDATED BASIS, SEQUENTIALLY, SEES Q2
OPERATING RESULTS TO IMPROVE SIGNIFICANTLY
    * OCEANEERING - ON CONSOLIDATED BASIS, SEES Q2 EBITDA IN
RANGE OF
$75 MILLION TO $85 MILLION ON A LOW- TO MID-TEENS PERCENTAGE
INCREASE IN REVENUE

Source text for Eikon:  ID:nBw8k3v7na 
Further company coverage:  OII.N 

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