Oil States International: 2Q Earnings Snapshot

HOUSTON (AP) _ Oil States International Inc. (OIS) on Monday reported a second-quarter loss of $9.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Houston-based company said it had a loss of 16 cents. Losses, adjusted for severance costs, were 14 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The energy services company posted revenue of $264.7 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $274.6 million.

Oil States International shares have decreased nearly 3% since the beginning of the year. The stock has decreased 59% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OIS at https://www.zacks.com/ap/OIS