Oceaneering in the red but underlying results improve

Adjusted earnings beat analyst expectations but Houston-based company coy on future forecasts amid the coronavirus pandemic

Oceaneering: the company posted a net loss for the first quarter but underlying results improved — Oceaneering: the company posted a net loss for the first quarter but underlying results improvedPhoto: OCEANEERING

Josh Lewis

Perth

USA Oceaneering Roderick A Larson Financial Corporate

Published 14 May 2020, 02:45Updated 14 May 2020, 02:45