Oil States International: 4Q Earnings Snapshot

HOUSTON (AP) _ Oil States International Inc. (OIS) on Wednesday reported a loss of $175.6 million in its fourth quarter.

The Houston-based company said it had a loss of $2.95 per share. Losses, adjusted for asset impairment costs and severance costs, were 17 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for a loss of 17 cents per share.

The energy services company posted revenue of $238.4 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $238.1 million.

For the year, the company reported that its loss widened to $231.8 million, or $3.90 per share. Revenue was reported as $1.02 billion.

Oil States International shares have fallen 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.17, a fall of 40% 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