Shares of Frank's International (NYSE:FI) decreased 5.4% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were down 75.00% year over year to ($0.07), which missed the estimate of ($0.05).
Revenue of $94,811,000 decreased by 23.22% from the same period last year, which missed the estimate of $96,020,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Frank's International hasn't issued any revenue guidance for the time being.
Recent Stock Performance
Company's 52-week high was at $5.44
Company's 52-week low was at $1.49
Price action over last quarter: down 31.00%
Company Profile
Frank's International is a leading provider of casing and tubular running services, an important part of the construction of oil and gas wells. The company has been a pioneer in developing the specialized tools necessary to install casing on complex deep-water wells. The company also manufacturers some tubular goods, such as casing connectors.
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