Tag Archives: McDermott International

McDermott 3Q Revenue up, Profit Declines 47%

Posted on November 9, 2011 by Rohit Sarin

McDermott International (NYSE: MDR) third-quarter earnings fell 47% as the company booked $50 million in losses mostly related to projects in its Atlantic segment, masking revenue growth. The company posted a profit of $11 million, or $0.05 a share, down … Continue reading →

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