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Oceaneering International (OII)
NYSE:OII
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.41Last Year’s EPS
0.28Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 23.97%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong first quarter performance with significant improvements in net income and revenue. Subsea Robotics and Offshore Projects Group achieved notable growth, and the company secured a major contract in Aerospace and Defense Technologies. However, challenges were noted in the Manufactured Products segment and cash flow management. Overall, the positive aspects slightly outweigh the concerns.Company Guidance
During Oceaneering International, Inc.'s First Quarter 2025 Earnings Conference Call, the company delivered guidance reflecting a strong performance and a positive outlook for the year. The first quarter saw a net income of $50.4 million, or $0.49 per share, marking a 233% year-over-year increase. Consolidated revenue increased by 13% to $675 million, while EBITDA improved by 57% to $96.7 million. Subsea Robotics (SSR) and Offshore Projects Group (OPG) were key contributors, with SSR achieving a 25% EBITDA increase and OPG experiencing a 43% revenue rise. The company's backlog stood at $543 million, and they reported an order intake of approximately $1.2 billion. For the second quarter, Oceaneering expects revenue and EBITDA to increase, with EBITDA projected between $95 million and $105 million. Full-year 2025 guidance includes EBITDA in the range of $380 million to $430 million, supported by a diverse backlog and sustained market activity despite potential geopolitical uncertainties.Strong First Quarter Performance
Oceaneering International reported net income of $50.4 million, or $0.49 per share, marking a 233% year-over-year increase. Consolidated revenue of $675 million improved by 13% compared to the first quarter of 2024. Consolidated adjusted EBITDA of $96.7 million saw a 57% improvement.
Subsea Robotics and Offshore Projects Group Success
Subsea Robotics (SSR) saw an 8% increase in average ROV revenue per day and a 25% increase in EBITDA. Offshore Projects Group (OPG) achieved a 43% revenue increase, with improved vessel activity contributing to a significant rise in operating income.
Largest Contract in Aerospace and Defense Technologies
The Aerospace and Defense Technologies (AdTech) segment was awarded the largest initial contract value in the company's history, which is expected to drive significant operating income growth in 2025.
Strong Order Intake and Backlog
First quarter 2025 order intake was approximately $1.2 billion, with a current backlog that has improved from the same time last year.
OII Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OII Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $17.27 | $17.92 | +3.76% |
Feb 19, 2025 | $25.18 | $24.15 | -4.09% |
Oct 23, 2024 | $23.23 | $24.63 | +6.03% |
Jul 24, 2024 | $25.45 | $28.95 | +13.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Oceaneering International (OII) report earnings?
Oceaneering International (OII) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Oceaneering International (OII) earnings time?
Oceaneering International (OII) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OII EPS forecast?
OII EPS forecast for the fiscal quarter 2025 (Q2) is 0.41.