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Oceaneering International Q1 2023 Earnings Report

Oceaneering International logo
$25.28 -0.11 (-0.43%)
(As of 12/17/2024 ET)

Oceaneering International EPS Results

Actual EPS
$0.05
Consensus EPS
$0.10
Beat/Miss
Missed by -$0.05
One Year Ago EPS
-$0.06

Oceaneering International Revenue Results

Actual Revenue
$536.99 million
Expected Revenue
$515.62 million
Beat/Miss
Beat by +$21.37 million
YoY Revenue Growth
+20.40%

Oceaneering International Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Oceaneering International Earnings Headlines

Oceaneering Promotes Benjamin Laura to COO Role
How to piss off your liberal friends… and profit from it
Elon Musk has just exposed the “energy grift” of America in a recent tweet to his platform, X. And people are slowly starting to wake up to the Deep State’s lies.
See More Oceaneering International Headlines
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About Oceaneering International

Oceaneering International (NYSE:OII) provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments. The company offers remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair; ROV tooling; and survey services, such as hydrographic survey, positioning services, and autonomous underwater vehicles for geoscience. It also provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robotic technology and entertainment systems to various industries. In addition, the company offers subsea installation and intervention, including riserless light well intervention inspection, maintenance, and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Further, it provides asset integrity management, software and analytical solutions for the bulk cargo maritime industry, and software, digital, and connectivity solutions for the energy industry, as well as government services and products, including engineering and related manufacturing in defense and space exploration activities to the United States' government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.

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