Company News
Get up-to-the-minute information on the latest Smith International, Inc. news, events and press releases as well as access to the archive of past company news.

DateTitle
03-11-2010SMITH INTERNATIONAL, INC. CANCELS EARNINGS ANNOUNCEMENT
HOUSTON, Texas, March 11, 2010 — Smith International, Inc. (NYSE: SII) announced today that the earnings release and related conference call scheduled for April 29, 2010 has been cancelled.
02-21-2010SCHLUMBERGER AND SMITH INTERNATIONAL ANNOUNCE AGREEMENT
HOUSTON, Texas, February 21, 2010 — Schlumberger Ltd (NYSE: SLB) and Smith International, Inc. (NYSE: SII) jointly announced today that their Boards of Directors have unanimously approved a definitive merger agreement in which the companies would combine in a stock-for-stock transaction.
02-11-2010Smith International, Inc. Agrees to Acquire At Balance
HOUSTON, Texas (February 11, 2010)... Smith International, Inc. (NYSE: SII) announced today that it has agreed to acquire @Balance, B.V. from Shell Technology Ventures Fund 1 B.V.
02-04-2010Smith International, Inc. Declares Regular Quarterly Dividend
HOUSTON, Texas (February 4, 2010)... Smith International, Inc. (NYSE: SII) announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.12 per share.
02-04-2010Smith International, Inc. Announces Earnings Release and Conference Call Information
HOUSTON, Texas (February 4, 2010)... Smith International, Inc. (NYSE: SII) announced that it plans to release financial results for the period ended March 31, 2010 on Thursday, April 29, 2010 prior to the opening of the New York Stock Exchange.
01-27-2010SMITH INTERNATIONAL, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS
HOUSTON, Texas (January 27, 2010)... Smith International, Inc. (NYSE: SII) today announced fourth quarter net income of $20.1 million, or $0.09 per diluted share on revenue of $1.98 billion. In comparison, third quarter of 2009 earnings from continuing operations, net of charges, were $14.8 million or $0.07 per diluted share on revenue of $1.88 billion, while in the comparable prior-year fourth quarter, earnings from continuing operations, net of charges, were $218.6 million on revenue of $3.06 billion.
01-26-2010Smith International, Inc. to Present at the Credit Suisse 2010 Energy Summit
HOUSTON, Texas (January 26, 2010)... Smith International, Inc. (NYSE: SII) announced today that John Yearwood, President and Chief Executive Officer, will present at the Credit Suisse 2010 Energy Summit in Vail, Colorado on February 5, 2010 at 9:35 a.m. eastern time (7:35 a.m. Mountain time).
01-05-2010SMITH INTERNATIONAL, INC. ANNOUNCES ACQUISITION
HOUSTON, Texas (January 5, 2010)... Smith International, Inc. (NYSE: SII) announced that on December 31, 2009 its PathFinder Energy Services business acquired a contract with Petróleo Brasileiro (“Petrobras”) representing an estimated $80-100 million of revenue over the 3-year term and substantially all of the directional drilling assets from San Antonio International do Brasil.