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Dril-Quip, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 15.55 million compared to USD 10.34 million a year ago. Revenue was USD 110.3 million compared to USD 90.87 million a year ago. Net loss was USD 19.98 million compared to net income of USD 2.31 million a year ago. Basic loss per share from continuing operations was USD 0.58 compared to basic earnings per share from continuing operations of USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.58 compared to diluted earnings per share from continuing operations of USD 0.07 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 110.3 | 126.34 | 117.24 | 89.61 |
Gross Profit | 31.88 | 34.66 | 31.64 | 23.9 |
Operating Income | -1.85 | 1.84 | 1.59 | -2.55 |
Net Income | -19.98 | 1.84 | -7.03 | 3.48 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 1021.03 | 1028.18 | 1007.57 | 979.67 |
Total Liabilities | 163.66 | 146.92 | 137.11 | 100.26 |
Total Equity | 857.36 | 881.26 | 870.46 | 879.41 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -4.1 | 26.13 | 23.23 | 11.28 |
Cash From Investing Activities | 17.51 | -17.1 | -76.78 | -9.28 |
Cash From Financing Activities | -0.297 | -0.083 | -0.019 | -0.011 |
Net Change in Cash | 10.9 | 10.33 | -55.42 | 1.15 |
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