McDermott Announces Dates for Second Quarter 2010 Financial Results and Conference Call
26 Juli 2010 - 3:00PM
Business Wire
McDermott International, Inc. (NYSE: MDR) (“McDermott” or the
“Company”) announced today that it plans to release financial
results for the second quarter of 2010 during the evening of
Monday, August 9, 2010. The Company will host its quarterly
conference call with the financial community the following morning,
Tuesday, August 10 at 10:00 a.m. (ET). The Company invites
investors and other interested individuals to listen to the call
live or to the replay, both available on McDermott’s website,
www.mcdermott.com, in the investor relations section.
As previously announced, the Company’s Board of Directors has
approved the spin-off of The Babcock & Wilcox Company
(“B&W”), which is expected to be completed on July 30, 2010.
Although McDermott’s earnings release date will occur after the
spin-off is expected to be complete, the Company will still report
fully consolidated financial results including B&W for the
second quarter of 2010, consistent with its past format. In
addition to the consolidated results, McDermott will include in its
earnings release pro-forma financial statements reflecting
discontinued operations to exclude B&W’s results and
transaction-related expenses. If the spin-off is completed as
expected on July 30, 2010, B&W will also report its stand-alone
financial results and host a separate quarterly conference
call.
McDermott is an engineering and construction company, with
specialty manufacturing and service capabilities, focused on energy
infrastructure. McDermott’s customers are predominantly utilities
and other power generators, major and national oil companies, and
the United States Government. With its global operations, McDermott
operates in over 20 countries with more than 25,000 employees.
McDermott (NYSE:MDR)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
McDermott (NYSE:MDR)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über McDermott International Inc (New York Börse): 0 Nachrichtenartikel
Weitere McDermott International, Inc. News-Artikel