Dril-Quip, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue was $193.16 million against $177.12 million a year ago. Operating income was $52.18 million against $40 million a year ago. Income before income taxes was $52.28 million against $40.13 million a year ago. Net income was $39.84 million against $28.8 million a year ago. Diluted earnings per share were $0.98 against $0.71 a year ago. Capital expenditure was $12.07 million against $13.87 million a year ago. The first quarter 2013 results were favorably impacted by an after-tax foreign exchange gain of $4.1 million, or $0.10 per diluted share, as compared to an after-tax foreign exchange loss of $1.7 million, or $0.04 per diluted share during the first quarter of 2012. The increase in revenues resulted from increased product revenues of $10.8 million and increased service revenues of $5.3 million. Based on current market conditions and excluding any unusual or special charges, the company expects its earnings per diluted share for the quarter ending June 30, 2013 to approximate $0.80 to $0.90. The company also announced that its full-year 2013 earnings are anticipated to be in the range of $3.40 to $3.60, excluding any unusual or special charges.

Dril-Quip, Inc., Annual General Meeting, May 16, 2013., at 09:30 Central Daylight. Location: Omni Houston Hotel Westside. Agenda: To elect directors to serve for a three-year term; to approve the appointment of BDO USA, LLP as independent registered public accounting firm for 2013; to conduct a non-binding advisory vote to approve the company’s compensation of its named executive officers; and to transact such other business.

Dril-Quip, Inc. Presents at Howard Weil's 41st Annual Energy Conference, Mar-18-2013 04:10 PM. Venue: The Roosevelt New Orleans Hotel, 123 Baronne Street, New Orleans, Louisiana, United States. Speakers: Blake T. DeBerry, Chief Executive Officer, President and Director, Jerry M. Brooks, Chief Financial Officer, Principal Accounting Officer and Vice President of Finance.