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Cameron reported net income of $164.6 million, or $0.66 per diluted share, for the quarter ended December 31, 2010, compared with net income in the prior year’s fourth quarter of $97.3 million, or $0.41 per diluted share.
Orders in the Drilling & Production Systems group were helped by sizable subsea project awards in the fourth quarter, the strength in the Valves & Measurement and Process & Compression Systems businesses were significant contributors to the increase over prior-year levels.
Source: Cameron
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