Dril-Quip (DRQ) Q1 Earnings Decline Y/Y on Increased Costs [Yahoo! Finance]
Dril-Quip, Inc. (DRQ)
Last dril-quip, inc. earnings: 2/27 05:36 pm
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phx.corporate-ir.net/phoenix.zhtml?c=100535&p=irol-irhome
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Source: Yahoo! Finance
The company's total quarterly revenues of $110.3 million increased from the year-ago quarter's $90.9 million. In comparison to the first quarter of 2023, the rise was primarily fueled by the inclusion of Great North, contributing $25.1 million in the quarter. This was partly counterbalanced by decreased Subsea Product sales. Significant increases in total costs and expenses led to weak quarterly earnings. Dril-Quip, Inc. Price, Consensus and EPS Surprise Dril-Quip, Inc. price-consensus-eps-surprise-chart | Dril-Quip, Inc. Quote Q1 Performance Dril-Quip reported subsea product bookings of $41.1 million for the quarter, down 4.9% year over year. DRQ reported a first-quarter operating loss of $18.8 million, indicating a turnaround from the prior-year period's reported profit of $3.2 million. Total Costs & Expenses The cost of sales increased to $78.4 million from $65.5 million in the year-ago period. This increase was primarily due to the acquisition of Great North. Engi
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DRQ
News
- SHAREHOLDER ALERT: Halper Sadeh LLC Continues to Investigate DRQ and AIRCGlobeNewswire
- Dril-Quip, Inc. (NYSE: DRQ) had its price target lowered by analysts at Barclays PLC from $22.00 to $21.00. They now have an "underweight" rating on the stock.MarketBeat
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Dril-Quip, Inc. - DRQPR Newswire
- SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates CBNK, DRQGlobeNewswire
- DRIL-QUIP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Dril-Quip, Inc. - DRQBusiness Wire
DRQ
Earnings
- 2/26/24 - Miss
DRQ
Sec Filings
- 5/20/24 - Form 8-K
- 5/14/24 - Form 425
- 5/14/24 - Form 8-K
- DRQ's page on the SEC website