HOUSTON (AP) — HOUSTON (AP) — Dril-Quip Inc. (DRQ) on Monday reported net income of $2.3 million in its first quarter.

The Houston-based company said it had profit of 7 cents per share. Losses, adjusted for non-recurring gains, were 1 cent per share.

The maker of offshore drilling and production equipment posted revenue of $90.9 million in the period.

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