Gulfmark Offshore (GLF) Tops Q4 EPS by 13c; Will Suspend Dividend

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GulfMark Offshore Announces Fourth Quarter 2014 Operating Results

February 16, 2015 6:00 PM EST

HOUSTON, Feb. 16, 2015 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. (NYSE: GLF) today announced its results of operations for the three- and twelve-month periods ended December 31, 2014. For the three-month period ended December 31, 2014, consolidated revenue was $116.1 million and net income was $7.3 million, or $0.29 per diluted share. Included in the quarterly results are special items that total $0.12 per diluted share. Quarterly earnings before these special items were $0.17 per diluted share. For the twelve-month period ended December 31, 2014, consolidated revenue was $495.8 million and net income was $62.4 million, or $2.39 per diluted share. Included in the annual results are special items that total... More