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AI brief of an SEC Form 8-K · Oceaneering International (OII)

Oceaneering Q4 revenue rises 9% to $713 million; cuts low end of 2025 EBITDA guidance

Mixed Impact 4 of 5 earnings Written later

Oceaneering reported fourth quarter 2024 revenue of $713 million, up 9% from a year earlier, and net income of $56.1 million, or $0.55 per diluted share, versus $0.43 a year earlier. For full year 2024, revenue was $2.7 billion, up 10%, and net income was $147 million, up 51%. The company also adjusted the lower end of its 2025 EBITDA guidance, citing potential impacts of geopolitical uncertainties, while its 2025 consolidated EBITDA range is $380 million to $430 million.

Key points

  • Q4 2024 revenue of $713 million, up 9% year over year; net income of $56.1 million, up 26%; diluted EPS of $0.55 versus $0.43
  • Full year 2024 revenue of $2.7 billion, up 10%; net income of $147 million, up 51%
  • 2025 guidance: net income of $160 million to $190 million and consolidated EBITDA of $380 million to $430 million, with the lower end of the EBITDA range adjusted
  • Conference call and webcast scheduled for Thursday, February 20, 2025 at 10:00 a.m. Central Time

The filing

CompanyOceaneering International (OII)
Form8-K, current report
Filed with the SECFeb 19, 2025, 5:02 PM ET
Accession number0000073756-25-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.