Subsea 7 (OTC:SUBCY) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.40 by 15 percent. This is a 466.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $1.789 billion which beat the analyst consensus estimate of $1.634 billion by 9.50 percent. This is a 17.00 percent increase over sales of $1.529 billion the same period last year.