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Article: Dril-Quip, Inc. Announces Results for Third Quarter 2009.
- Article from:
- PR Newswire
- Article date:
- November 6, 2009
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HOUSTON, Nov. 6 /PRNewswire-FirstCall/ -- Dril-Quip, Inc. today announced net income of $25.1 million, or $0.63 per diluted share for the three months ended September 30, 2009, versus net income of $27.4 million, or $0.69 per diluted share for the third quarter of 2008. The third quarter 2009 results include an after-tax charge of $3.5 million, or $0.09 per diluted share, related to the recognition of employment contract termination expenses resulting from the death of Gary D. Smith, one of the Company's Co-Chief Executive Officers, during the quarter. Total revenues were $138.2 million during the quarter ended September 30, 2009 compared to $132.3 million for the same ...