Thomas Pritzker to Step Down as Hyatt Executive Chairman After Epstein Ties Acknowledged 
BHP Group Half-Year Profit Surges as Copper Overtakes Iron Ore on AI-Driven Demand 
Qualcomm to Invest $150 Million in India AI Startups, Strengthening Presence in Growing Market 
European IT Hardware Stocks to Watch as Gaming Demand Outpaces Smartphones, Says BofA 
Medical Groups Sue FTC Over Gender-Affirming Care Investigations Amid Trump Policy Dispute 
AstroTurf Expands Footprint at Colorado as Buffaloes Complete Second Installation in 12 Months 
Freedom Finance and Binance Join Forces in Digital Assets 
Luxury Stocks Face Volatility as AI Market Swings and Hedge Fund Bets Rattle LVMH and Kering 
BlueScope Steel Forecasts Stronger Second-Half Earnings, Shares Rise Above Rejected Buyout Offer 
Microsoft Plans $50 Billion AI Investment to Accelerate Growth in the Global South 
India AI Impact Summit 2026: Global Tech CEOs Join World Leaders in New Delhi 
Anduril Industries Seeks $8 Billion Funding at $60 Billion Valuation 
Ireland’s Data Protection Commission Launches GDPR Investigation Into X’s AI Chatbot Grok 
Yotta to Build $2 Billion AI Data Centre Hub in India with Nvidia Blackwell Ultra Chips 
NAB Shares Hit Record High as First-Quarter Cash Earnings Jump 16% 
Reese’s Peanut Butter Cup Recipe Debate: Hershey Responds as Cocoa Prices Shift 
Starboard Value Targets Tripadvisor Board Overhaul Amid Stock Slump 
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]
