More on Cameron's (CAM) Q2 results: Drilling and production revenue rose 24% Y/Y to $1.44B,...


More on Cameron's (CAMQ2 results: Drilling and production revenue rose 24% Y/Y to $1.44B, valves and measurement gained 4.3%, process and compression systems fell 7.3%. Orders booked fell 9.4% to $2.33B. Backlog rose 41% to a record $10.5B. Issues downside guidance for Q3 and FY 2013; sees Q3 EPS of $0.80-$0.85 vs. $1.01 consensus and full-year EPS of $3.40-$3.55 vs. $3.66 consensus.

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