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Oil States International(OIS) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 Oil States Announces Third Quarter 2024 Results • Net loss of 14.3million,or14.3 million, or 0.23 per share, reported for the quarter, which included restructuring and other charges totaling 18.2million(18.2 million (17.0 million, after-tax, or 0.27pershare)Adjustednetincomeof0.27 per share) • Adjusted net income of 2.7 million, or 0.04pershare,excludingtheserestructuringandothercharges(anonGAAPmeasure)Consolidatedrevenuesof0.04 per share, excluding these restructuring and other charges (a non-GAAP measure ) • Consolidated revenues of 174.3 million decreased 6% sequentially, driven primarily by lower U.S. land-based activity and transi ...