Franks international posts quarterly loss per share $0.15

Frank’s international n.v. announces second quarter 2020 results.q2 revenue $86.1 million versus refinitiv ibes estimate of $99.3 million.actions both completed and in progress expanding previously announced cost reduction initiatives.now anticipates realizing reductions to its cost structure of at least 25% year over year.cost reductions achieved specific to company support costs are now estimated to yield savings in excess of $50 million in 2020.qtrly loss per share $0.15.q2 earnings per share view $-0.10, revenue view $97.4 million -- refinitiv ibes data.
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