U.S.-based EPCI company McDermott International booked a loss of $146 million for the second quarter of 2019, but the company is encouraged by its record-setting level of backlog.
McDermott on Monday reported revenues of $2.1 billion for the second quarter of the year. In the same period last year, McDermott recorded revenues were $1.7 billion.
Furthermore, the company recorded operating loss of $61 million for the second quarter of 2019 compared to operating income of $49 million.
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