1/30/2024 0 Comments Quip coupon codes 2018![]() ![]() We are also committed to executing our research and development initiatives. “From an operational perspective, the Company continues to focus on cost however, certain aspects of our cost base currently remain purposely higher in anticipation of a forthcoming recovery. Several significant projects have reached the later stages of planning and award but finalization of financing still appears to be a hurdle. Although incremental project-based bookings are expected in 2018, the Company does not anticipate these bookings to materially affect 2018 revenue. The Company’s backlog was $207.3 million and $266.7 million as of Decemand March 31, 2018, respectively. This quarterly outlook would support annual revenue to be between $380 million and $400 million and is consistent with our view that we are currently working through the trough while focusing on the expansion of backlog throughout 2018, assuming WTI prices remain approximately in the $60 – $70 per barrel range. Given these circumstances, our expectation is that the Company’s revenue will be between $90 million and $100 million per quarter throughout 2018. ![]() Due to ongoing territorial discussions between China and Vietnam, we believe the CRD Project may experience delays or be cancelled. “During the first quarter of 2018, the Company was awarded a contract to supply top-tensioned riser (TTR) systems and related services for the development of Repsol’s Ca Rong Do (CRD) Project located offshore Vietnam. While we are optimistic after seeing recent signs of increased bidding activity in our end markets, we continue to believe near-term oil prices and the offshore rig environment will remain uncertain through 2018. This performance led to an increase in our cash position to $495.6 million as of March 31, 2018, which, coupled with our debt-free balance sheet, positions us to continue executing our long-term strategy. (NYSE:DRQ) today reported operational and financial results for the first quarter of 2018.īlake DeBerry, Dril-Quip's President and Chief Executive Officer, commented, "In the first quarter, Dril-Quip generated positive Adjusted EBITDA of $7.8 million despite continuing headwinds in the offshore environment. HOUSTON, Ap(GLOBE NEWSWIRE) - Dril-Quip, Inc. Maintained clean balance sheet with no debt as of March 31, 2018.Grew cash on hand to $495.6 million as of March 31, 2018.Generated net cash provided by operating activities of $11.4 million.Adjusted loss per diluted share, excluding charges, was $0.16.Reported a net loss of $7.4 million, or $0.20 loss per diluted share, including charges of $0.04 per share.Continued strong gross margin performance.Generated $99.2 million of revenue, a quarter-on-quarter decrease of 8% and consistent with general guidance.Our website page is connected with social destinations to keep you educated. Quip Promo Code deals empowers customers to settle on the most taught buy decision on the web. ![]() Quip Promo Code Black Friday coupons tries to make it straightforward for customers to find the best with their bucks with features, for instance, each day and step by step thing studies. Why contribute your vitality tunneling through the market when you can shop successfully and safely at Quip Promo Code! With such a huge collection of things, you won't need to look elsewhere to satisfy your longings. We intend to keep our customers educated and in circle so whether it's a request for a request or any item refresh, we will go past our brilliance to make an outrageous electronic shopping knowledge while using our web business organize. Quip Promo Code Coupon plus deals believes in giving our customers esteem for money, and additionally outperforming their wants at each dimension through our pre and post bargains forthcoming. Quip Promo Code is an association having long periods of eminence in overseeing items from all the primary brands, with centered esteeming, colossal extent of things and giving viable after deal organization and support to customers with solace through its electronic shopping stage. ![]()
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