Cameron Releases Second Quarter Earnings

Cameron reported net income of $174.6 million, or $0.70 per diluted share, for the quarter ended June 30, 2012, compared with net income of $148.0 million, or $0.59 per diluted share, for the second quarter of 2011.

The year-over-year revenue increases were due to gains in all three of the company’s segments, with the Drilling & Production Systems and Valves & Measurement segments seeing double digit revenue gains. More...