Oceaneering International's Q1 Adjusted Earnings, Revenue Increase

MT Newswires Live

2025/04/24

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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