Gulfmark Offshore (GLF) Tops Q1 EPS by 2c, Q2 Revenue Guidance Misses

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Go back to Gulfmark Offshore (GLF) Tops Q1 EPS by 2c, Q2 Revenue Guidance Misses

GulfMark Offshore Announces First Quarter 2015 Operating Results

April 20, 2015 6:01 PM EDT

HOUSTON, April 20, 2015 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. (NYSE: GLF) today announced its results of operations for the three-month period ended March 31, 2015. For the first quarter ended March 31, 2015, revenue was $89.1 million, and net loss was $5.1 million, or $0.21 per diluted share. Included in the quarterly results is one special item that totals $0.01 per diluted share. Quarterly loss before this special item was $0.20 per diluted share.

Quintin Kneen, President and CEO, commented, "As anticipated, we saw the cyclical downturn affect day rates and utilization across all of our regions during the first quarter.... More