Dril-Quip, Inc. reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported sales was USD 12.43 million compared to USD 9.19 million a year ago. Revenue was USD 117.24 million compared to USD 88.14 million a year ago.

Net loss was USD 7.03 million compared to net income of USD 13.29 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 0.39 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to diluted earnings per share from continuing operations of USD 0.39 a year ago.