Dril-Quip: Q4 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Dril-Quip Inc. (DRQ) on Monday reported a loss of $252,000 in its fourth quarter.

The Houston-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 6 cents per share.

The maker of offshore drilling and production equipment posted revenue of $96.8 million in the period.

For the year, the company reported net income of $443,000, or 1 cent per share, swinging to a profit in the period. Revenue was reported as $362.1 million.


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

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