Dril-Quip, Inc. reported earnings results for the second quarter ended June 30, 2023. For the second quarter, the company reported sales was USD 10.05 million compared to USD 12.4 million a year ago. Revenue was USD 89.61 million compared to USD 93.98 million a year ago.

Net income was USD 3.48 million compared to net loss of USD 5.57 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to basic loss per share from continuing operations of USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to diluted loss per share from continuing operations of USD 0.16 a year ago.