Telenor to Buy Controlling Stake in Bahnhof in $630 Million Broadband Deal 
Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns 
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal 
Bain Capital Exits Kioxia After AI-Fueled Valuation Surge 
Netflix, Disney, YouTube Eye FIFA World Cup TV Rights in Multi-Billion Dollar Battle 
SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand 
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results 
Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share 
Sino Biopharm Stock Rises After AstraZeneca Licensing Deal, GSK Partnership Expansion 
Oppenheimer Sees CNH Industrial as Top 2026 Agriculture Stock Pick on Dealer Consolidation Strategy 
Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement 
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft 
Mizuho’s Top U.S. Industrials Stocks: Why Corteva and Stanley Black & Decker Stand Out 
SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest 
HOUSTON, May 01, 2018 -- Deep Down, Inc. (OTCQX:DPDW), a specialist in deepwater oil and gas production and distribution equipment and services, announced today it will report its first quarter 2018 results after the market’s close on Tuesday, May 15th and host an investor conference call on Wednesday, May 16 at 10:00 am ET (details below).
President and CEO Ron Smith and CFO Charles Njuguna will review Deep Down’s first quarter 2018 performance and discuss its outlook for the remainder of 2018.
| Call Dial-in: | 877-303-6187 or 678-894-3073 for international callers – Call ID: 6597346 | ||
| Webcast/Replay URL: | Deep Down Webcast or https://edge.media-server.com/m6/p/gv887aij | ||
| Call Replay: | 855-859-2056 or 404 537-3406 for international callers – Call ID: 6597346 Available through 05/23/18 | ||
| Deep Down at a Glance: | |||||||||
| Recent Share Price: | $0.91 | Enterprise Value: | $6.52M | ||||||
| 52-Week Range: | $0.67 - $1.25 | TTM Revenue*: | $19.48M | ||||||
| Market Cap: | $12M | EV / TTM Revenue: | 0.34x | ||||||
| Shares Out*: | 13.19M | Price / TTM Revenue: | 0.62x | ||||||
| Book Value*: | $21.8M | Price / Book Value: | 0.55x | ||||||
| Cash & Equivalents*: | $4.96M | ||||||||
| * as of 12/31/17 | |||||||||
About Deep Down, Inc. (www.deepdowninc.com)
Deep Down focuses on complex deepwater and ultra-deepwater oil and gas production distribution system technologies and support services, connecting the platform and the wellhead. Deep Down's proven services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, installation buoyancy, remotely operated vehicles and tooling, marine vessel automation, control, and ballast systems. Deep Down supports subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions.
Investor Relations:
Catalyst IR
Chris Eddy; Tanya Kamatu
212-924-9800
[email protected]
