Oceaneering International, Inc. (OII)
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Oceaneering International (OII) Q4 Earnings Miss Estimates
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Negative
Oceaneering International (OII) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.19 per share a year ago.
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Oceaneering Reports Fourth Quarter 2024 and Full Year 2024 Results
Published: February 19, 2025 by: Business Wire
Sentiment: Neutral
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported fourth quarter and full year 2024 results. Fourth Quarter 2024 Results Revenue of $713 million, a 9% increase year over year Operating income of $77.9 million, a 64% increase year over year Net income of $56.1 million, a 26% increase year over year Adjusted EBITDA of $102 million, a 35% increase year over year Cash flow provided by operating activities of $128 million and free cash flow of $94.5.
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About Oceaneering International, Inc. (OII)
- IPO Date 1975-10-31
- Website https://www.oceaneering.com
- Industry Oil & Gas Equipment & Services
- CEO Roderick A. Larson
- Employees 10400