Oceaneering International (NYSE:OII) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.29 by 48.28 percent. This is a 207.14 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $674.52 million which beat the analyst consensus estimate of $651.30 million by 3.56 percent. This is a 12.59 percent increase over sales of $599.09 million the same period last year.