Oceaneering International (OII) reported Q1 adjusted earnings late Wednesday of $0.43 per diluted share, up from $0.14 a year earlier.
Five analysts polled by FactSet expected $0.30.
Revenue for the quarter ended March 31 was $674.5 million, up from $599.1 million a year earlier.
Four analysts surveyed by FactSet expected $649.8 million.
Shares of the company rose more than 5% in recent premarket trading activity.
Price: 18.25, Change: +0.98, Percent Change: +5.67
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