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Oceaneering International Inc. (OII) delivers advanced engineered solutions for subsea robotics, offshore energy, and aerospace industries. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and technological innovations.
Track official press releases, strategic partnerships, and operational milestones across Oceaneering's core segments. Key updates include subsea robotics advancements, offshore project executions, aerospace/defense contracts, and integrity management solutions. All content is sourced directly from company filings and verified industry publications.
Bookmark this page for consolidated access to earnings reports, product launches, and market positioning updates. Our neutral presentation ensures you receive factual information without promotional bias, supporting informed analysis of OII's evolving role in complex engineering sectors.
Oceaneering International (NYSE:OII) announces its role in a team led by Collins Aerospace, selected by NASA to develop new extravehicular spacesuits under a contract valued up to $3.5 billion over 12 years. The next-generation suits are designed for missions from 2025 to 2034, enhancing astronaut mobility and comfort for lunar and Mars exploration. Oceaneering will leverage its 40 years of experience with NASA to deliver advanced spacesuit systems.
Oceaneering International reported a net loss of $19.2 million, or $(0.19) per share, on revenue of $446 million for Q1 2022. Adjusted net loss was $6.4 million, influenced by foreign exchange gains and tax adjustments. Compared to Q4 2021, revenue slightly decreased from $467 million, and gross margin dropped to $45.5 million. The company confirmed its 2022 EBITDA guidance of $225 million to $275 million, projecting improved operating results and free cash flow between $75 million to $125 million. Oceaneering also established a new $215 million credit facility to enhance financial flexibility.
Oceaneering International, Inc. (NYSE:OII) will report its first quarter 2022 financial results on April 27, 2022, after market close. The earnings release will be accessible on the company’s website. A conference call is scheduled for April 28, 2022, at 10:00 a.m. Central Time, allowing stakeholders to discuss the results. Oceaneering offers engineered services and products as well as robotic solutions across various industries, including offshore energy and defense.
Oceaneering International, Inc. (NYSE:OII) will participate in the Piper Sandler Energy Conference on March 22, 2022. The meeting will feature Vice President of Corporate Development and Investor Relations, Mark Peterson, and Vice President and Chief Accounting Officer, Witland LeBlanc, engaging with institutional investors. A conference handout will be available on Oceaneering's Investor Relations page after market close on March 21, 2022. Oceaneering provides technology solutions across various industries, including offshore energy and aerospace.
Oceaneering International, Inc. (NYSE:OII) announced that CFO Alan R. Curtis and Senior VP Benjamin Laura will attend the Scotia Howard Weil Energy Conference on March 22, 2022. The conference handout will be accessible on the company’s Investor Relations page after market close on March 21, 2022. Oceaneering is recognized for providing engineered services, products, and robotic solutions across various sectors, including offshore energy and defense. For more details, visit www.oceaneering.com.
Oceaneering reported a net loss of $38.8 million for Q4 2021 on revenue of $467 million. Adjusted net income stood at $5.0 million. The previous quarter saw a net loss of $7.4 million. The company generated strong free cash flow of $126 million and a cash position of $538 million. Key highlights include a $30 million loss due to contract terminations with Evergrande. For 2022, Oceaneering projects a revenue growth of over 10% and EBITDA between $225 million to $275 million, fueled by improved operational performance across segments.
Oceaneering International, Inc. (NYSE:OII) will release its financial results for Q4 and the full year of 2021 on February 24, 2022, after the market closes. A conference call and webcast to discuss the results are scheduled for February 25, 2022, at 10:00 a.m. Central Time. The earnings release will be accessible on Oceaneering's website. As a global technology company, Oceaneering provides services and products to various sectors, including offshore energy and defense.
Oceaneering International, Inc. (NYSE:OII) announced over $80 million in contracts for its Integrity Management and Digital Solutions (IMDS) segment booked in Q4 2021, primarily from major offshore operators. These contracts, spanning one to four years, cover risk engineering, inspection services, and intelligence software across various industries in Australia, Norway, UK, and Brazil. IMDS achieved over $300 million in new bookings in 2021, bolstering Oceaneering's growth expectations for 2022.
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