The company recorded a net income of $94,000 for the 1Q 2017 versus a net income of $36.8 million for the same quarter of 2016.
Dril-Quip said that its first quarter results were negatively impacted by after-tax severance payments of $1.3 million and a net loss from operations of TIW Corporation of $0.9 million.
Brazil Energy Insight 
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