McDermott International (MDR) Surprise Profit

New Post Public Reply Private Reply Replies (0) Message Board
riddock57
After the closing bell on Monday, McDermott International Inc. (MDR) reported strong performance on its quarterly financial results, highlighted by better-than-expected profit numbers.

For the fourth quarter 2014, MDR posted revenues of $806.4 million, a 55.9% increase year over year, and net income of $8.2 million, or $0.03 per fully diluted share, compared to a net loss of ($326.2) million, or ($1.38) per diluted share in the same period the prior year, these results better than the FactSet consensus analyst estimate of ($0.06) loss per share on revenue of $716.8 million for the period.

According to its business outlook for 2015, MDR expects revenues to be in the range of $3.3 billion to $3.6 billion and operating income to be in the range of $25 million to $50 million, including expected restructuring charges in the range of $25 million to $35 million

MDR is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide.

More about McDermott International Inc. (MDR) at www.mcdermott.com

**

Nutrisystem, Inc. (NTRI) delivered its sixth consecutive quarter of year-over-year revenue growth on its financial results, with earnings that exceeded analysts' expectations.

For the fourth quarter 2014, NTRI posted revenue of $79.2 million, a 13% increase year over year, and earnings of $0.18 per share, compared to earnings of $0.04 per share in the same period the prior year, topping the Capital IQ Consensus Estimate of $0.17 earnings per share for the period.

For the first quarter 2015, NTRI expects revenue to be in the range of $129 to $134 million and adjusted EBITDA between $47.8 and $52.5 million.

NTRI is a leader in the weight loss industry, having helped millions of people lose weight over the course of more than 40 years.

More about Nutrisystem, Inc. (NTRI) at www.nutrisystem.com

**

Connecture, Inc. (CNXR) said that it expects revenue for fourth quarter 2014 to be in the range of $26 million to $28 million, better than the Capital IQ Consensus Estimate of $24.77 million for the period

CNXR foresees revenue for full year 2014 in the range of $83 million to $85 million

CNXR will release its 2014 fourth quarter and full year financial results on Tuesday, March 10, 2015 after market close.

CNXR is a leading web-based consumer shopping, enrollment and retention platform for health insurance distribution.

More about Connecture, Inc. (CNXR) at www.connecture.com

**

Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.

It has recently included the City of Vacaville, CA ( www.vacaville.crwe-pr.com ) into the CRWE Network.

Vacaville is located in northern Solano County, California, midway between San Francisco and Sacramento. Vacaville's rich history has transformed the community from a small agricultural town into a thriving and progressive city

The City of Vacaville had an estimated population in 2013 (U.S. Census Bureau) of 94,275, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally

The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.

The company’s CRWE Press Release ( www.crwepressrelease.com ) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.

More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com

**

Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer

McDermott International (MDRIQ) Stock Research Links

MDRIQ Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Navigating Custom Pool Planning: Key Decisions Explained

Updated Category News Views 13

Mapping Out Your Dream Pool: The Essentials Picture this: You're finally ready to invest in that luxurious backyard pool dream but don't jump in without a plan. Dive deep into the world of custom pool construction in Milton, where every decision shapes the final splash. Danny Franke and Mike Scheck at HelloNation break it down so you can swim with confidence....

Continue Reading
Trilogy Metals Shares Fiscal Insights and Project Developments

Updated Category News Views 327

Trilogy Metals Shares Fiscal Insights and Project Developments Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ), a notable player in metal exploration, recently announced its financial results for the third quarter ending August 31, 2025. The latest updates detail the company's fiscal health, progressive projects, and future outlook, revealing a net loss of $1.7...

Continue Reading
Analysing the Impacts on Precision Resistor Market Growth

Updated Category News Views 138

Precision Resistor Market Size & Growth Insights Forecasts indicate that the precision resistor market is on a path to significant growth, with predictions suggesting it will reach USD 8.63 billion within the next few years. Recent data indicates a value of USD 5.36 billion now, marking a promising growth trajectory at a compound annual growth rate (CAGR) of 6.17% from...

Continue Reading
Inventiva Invites Investors and Analysts for Insightful Event

Updated Category News Views 166

Overview of the Upcoming Analyst and Investor Event Inventiva, a dynamic biopharmaceutical company focused on innovative treatments, has announced an exciting opportunity for investors and analysts. They will be hosting an event that promises to shed light on the company’s strategic direction and significant developments in the realm of metabolic dysfunction-associated...

Continue Reading
Water Tower Research Marks Five Successful Years in Business

Updated Category News Views 200

Water Tower Research Celebrates Success Water Tower Research (WTR) recently reached a remarkable milestone, celebrating five years of operations since its formation in 2020. This achievement highlights the company's ongoing commitment to revolutionizing the investor engagement landscape. Leadership Insights on Innovation During this significant occasion, WTR's CEO and...

Continue Reading