When did Oceaneering International report Q1 2024 earnings?

Oceaneering International (OII) reported Q1 2024 earnings on April 24, 2024 after market close.

What were Oceaneering International's Q1 2024 revenue and EPS?

Oceaneering International reported revenue of $599.1M and eps of $0.14 for Q1 2024.

Did Oceaneering International beat estimates in Q1 2024?

Revenue missed the consensus estimate of $639.8M by $40.7M. EPS beat the consensus estimate of $-0.15 by $0.29.

Where can I find Oceaneering International's Q1 2024 SEC filings?

You can read the 10-Q periodic report (0000073756-24-000081) directly on SEC EDGAR. The filing index links above go to sec.gov.

Oceaneering International OII Q1 2024 earnings

Reported April 24, 2024 · After market close

Revenue$599.1MMiss by $40.7M

EPS$0.14Beat by $0.29

Revenue estimate$639.8M

EPS estimate-$0.15

Next report

Oct 28, 2026 (in 3 months)

Revenue estimate$753.4M

EPS estimate$0.53

Financials

Q1 2024

Income statement

See full

Revenue$599.1M+11.6%

Gross profit$92.4M+19.1%

Operating income$36.7M+37.2%

Net income$15.1M+273%

EPS (diluted)$0.15+275%

Balance sheet

See full

Cash & equivalents$354.7M-29.8%

Total debt$912.1M+3.0%

Total equity$623.1M+19.8%

Total assets$2.2B+9.1%

Cash flow

See full

Operating cash flow-$69.7M-62.4%

CapEx$25.5M+39.4%

Free cash flow-$95.2M-55.5%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$2.36B+33.1%

Enterprise value$2.92B+35.4%

P/E21.8×-14.3×

P/S1×+0.1×

Profitability

See full

Gross margin16.6%+0.9pp

Operating margin7.7%+1.3pp

Net margin4.4%+2.1pp

FCF margin3%-0.6pp

Returns & leverage

See full

Return on equity19%+9.3pp

Debt / equity1.5×-0.2×

Current ratio1.8×-0.5×

Segments

By segment

See full

Subsea Robotics Member$186.9M+10.5%

Manufactured Products Member$129.5M+14.6%

Offshore Projects Group$115.1M+10.3%

Aerospace and Defense Technologies Member$98.0M+8.2%

Integrity Managements & Digital Solutions Member$69.7M+16.0%

By geography

See full

Non-US$336.5M+17.0%

Africa$87.2M+4.2%

Asia Pacific$49.4M-6.6%

Other Geographical$34.9M+38.6%

By product

See full

Service$524.6M+9.3%

Versus estimates

Revenue

Q2 2026$768.2MBeat by $32.5M Q1 2026$692.4MBeat by $21.6M Q4 2025$668.6MMiss by $5.6M Q3 2025$742.9MBeat by $64.7M Q2 2025$698.2MMiss by $2.0M Q1 2025$674.5MBeat by $23.2M

Diluted EPS

Q2 2026$0.65Beat by $0.19 Q1 2026$0.30Miss by $0.05 Q4 2025$0.45Beat by $0.14 Q3 2025$0.55Beat by $0.13 Q2 2025$0.49Beat by $0.07 Q1 2025$0.43Beat by $0.07

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Questions, answered.

When did Oceaneering International report Q1 2024 earnings?: Oceaneering International (OII) reported Q1 2024 earnings on April 24, 2024 after market close.
What were Oceaneering International's Q1 2024 revenue and EPS?: Oceaneering International reported revenue of $599.1M and eps of $0.14 for Q1 2024.
Did Oceaneering International beat estimates in Q1 2024?: Revenue missed the consensus estimate of $639.8M by $40.7M. EPS beat the consensus estimate of $-0.15 by $0.29.
Where can I find Oceaneering International's Q1 2024 SEC filings?: You can read the 10-Q periodic report (0000073756-24-000081) directly on SEC EDGAR. The filing index links above go to sec.gov.