More on McDermott International (MDR): Q3 misses bottom-line expectations despite a 17% jump in...

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

More on McDermott International (MDR): Q3 misses bottom-line expectations despite a 17% jump in Y/Y sales. Net earnings surged on an increase in fabrication and marine activity in its Middle East and Atlantic segments. Order backlog came in at $5.3B, up from $4.3B a year earlier, but lower than the $5.7B recorded at the end of Q2. Shares -4.9% AH.