Earnings / Energy Services
Oceaneering revenue rises 6% year over year to $785 million as a refinancing charge cuts net income 26%
Operating income rose 7% to $92.2 million from a year earlier and adjusted EBITDA 7% to $119 million, while a debt-extinguishment loss and a heavier tax provision pulled reported net income down to $52.6 million, or $0.52 a share.
