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

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Helix Reports First Quarter 2015 Results

April 20, 2015 6:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. (NYSE: HLX) reported net income of $19.6 million, or $0.19 per diluted share, for the first quarter of 2015 compared to net income of $53.7 million, or $0.51 per diluted share, for the same period in 2014 and net income of $8.0 million, or $0.08 per diluted share, in the fourth quarter of 2014.

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... More