Oceaneering sees Q2 adjusted EBITDA $100M-$110M

The company states: “Consolidated second quarter 2026 revenue is projected to increase and EBITDA is expected to be in the range of $100 million to $110 million. At the segment level, for the second quarter of 2026: SSR revenue is expected to increase while operating income is expected to be flat. Manufactured Products revenue and operating income are forecasted to increase. OPG revenue is expected to be relatively flat and operating income is expected to decrease slightly on changes in project mix. IMDS revenue and operating income are projected to decrease due to lower volumes in West Africa and Australia and uncertainty in Middle East volumes. ADTech is expected to generate increased operating income on significantly higher revenue. Unallocated Expenses are expected to be in the $50 million range.”