Oil States Forecasts Q4 Revenue of $172 Million to $184 Million

Oil States International expects fourth-quarter 2026 revenue of $172 million to $184 million and adjusted EBITDA of $20 million to $23 million, setting its outlook after third-quarter revenue rose 8% sequentially. President and CEO Lloyd Hajdik gave the forecast during the company’s Oct. 30 earnings call. For the quarter ended Sept. 30, Oil States recorded revenue of $169.764 million, net income of $3.116 million and adjusted EBITDA of $20.121 million. Adjusted EBITDA increased 6% from the prior quarter. The Offshore Manufactured Products segment had a backlog of $482 million as of Sept. 30, its highest level since December 2014.

Source: TokenPost