More on McDermott (MDR): Q1 misses on revenue but beats on a per share basis. Net profit slid...

|About: McDermott International, Inc. (MDR)|By:, SA News Editor

More on McDermott (MDR): Q1 misses on revenue but beats on a per share basis. Net profit slid 11% Y/Y due to lower fabrication man hours and weaker marine activity in its Asia Pacific operations, though cost controls helped to boost overall bottom line performance. Shares +9.3% AH.