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Oil States International Shares Rise After Q2 Earnings, Revenue Increase
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Oil States International Shares Rise After Q2 Earnings, Revenue Increase
Jul 29, 2024 12:02 PM

02:40 PM EDT, 07/29/2024 (MT Newswires) -- Oil States International ( OIS ) shares were up more than 14% in recent Monday trading after the company reported higher Q2 earnings and revenue.

The company reported Q2 adjusted earnings Monday of $0.07 per share, up from $0.01 a year earlier.

Four analysts polled by Capital IQ expected $0.04.

Revenue for the quarter ended June 30 rose to $186.4 million from $183.5 million a year earlier.

Four analysts surveyed by Capital IQ expected $179.6 million.

Price: 5.42, Change: +0.68, Percent Change: +14.35

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