T-3 Energy 4Q profit edges analyst estimates, revenue at $64.4 million (T-3 Energy Services)

Date : 03/12/2008 @ 7:34AM
Source : TFN
Stock : T-3 Energy Services (TTES)
Quote : 8.25  -0.75 (-8.33%) @ 12:02PM
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T-3 Energy 4Q profit edges analyst estimates, revenue at $64.4 million (T-3 Energy Services)

        BOSTON (Thomson Financial) - T-3 Energy Services Inc. Wednesday reported
fourth-quarter income from continuing operations of $8.5 million, or 67 cents a
share, edging the mean estimate of analysts polled by Thomson Financial of 66
cents a share. 
    The Houston-based oil and gas drilling products manufacturer said revenue
for the three months ended Dec. 31 rose 42% to $64.4 million from $45.2 million
a year earlier. The consensus among three analysts on Wall Street was for
revenue of $65.3 million. 
    T-3 shares closed at $51.70 on Tuesday. 
Greg Saulnier
gs/pc

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