Helix Energy Solutions Group, Inc. (HLX) Tops Q1 EPS by 12c, Sales Light

Helix Energy Solutions Group, Inc. (NYSE: HLX) reported Q1 EPS of $0.19, $0.12 better than the analyst estimate of $0.07. Revenue for the quarter came in at $189.64 million versus the consensus estimate of $198.36 million.

Owen Kratz, President and Chief Executive Officer of Helix, stated, “The company managed to post a respectable first quarter despite poor industry conditions, thanks to the hard work of our team worldwide. We believe the three year extension for the Q4000, along with continual improvement in the visibility of our Robotics chartered vessel fleet, is evidence of industry confidence in our subsea services.”

For earnings history and earnings-related data on Helix Energy Solutions Group, Inc. (HLX) click here.

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