Helix Energy Solutions Group (HLX) Reports In-Line Q2 Loss of 10c/Share

Helix Energy Solutions Group (NYSE: HLX) reported Q2 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $107.3 million versus the consensus estimate of $131.45 million.

Helix reported adjusted EBITDA1 of $14.9 million for the second quarter of 2016 compared to $35.7 million for the second quarter of 2015 and $1.0 million for the first quarter of 2016. Adjusted EBITDA for the six months ended June 30, 2016 was $16.0 million compared with $87.1 million for the six months ended June 30, 2015.

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

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