OIS Q2 2023 Earnings — Oil States International, Inc. Revenue & Financial Results | Market Cap Arena

OISOil States International, Inc.

$764M

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$184M+0.9% YoY

Gross Profit

$26M14.1% margin

Operating Income

$2M1.3% margin

Net Income

$558,0000.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$347M

Stockholders' Equity

$698M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$182M	+0.9%
Gross Profit	$26M	$22M	+15.7%
Operating Income	$2M	-$1M	+284.7%
Net Income	$558,000	-$5M	+110.8%

Revenue Segments

Offshore/Manufactured Products

$94M51%

Total Well Site Services

$65M35%

Downhole Technologies

$25M14%