BJ Services Company today reported net income of $168.3 million for the third fiscal quarter ended June 30, 2007, or $0.57 per diluted share. The quarter's diluted earnings per share decreased 11% compared to the $0.64 per diluted share reported in the previous quarter and decreased 15% compared to the $0.67 per diluted share for the third quarter of fiscal 2006.
Consolidated revenue in the third quarter of fiscal 2007 was $1,152.5 million, down 3% compared to $1,186.6 million in the previous quarter and up 3% compared to $1,116.9 million reported in the prior year's June quarter. Consolidated operating income for the quarter was $257.8 million, an 11% decrease compared to $290.2 million in the previous quarter and a 16% decrease compared to $306.9 million reported in the same quarter last year.
