Gulf Island Fabrication (GIFI) Declares $0.10 Quarterly Dividend; 2.6% Yield
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Gulf Island Fabrication, Inc. Declares Dividend on Common Stock
April 23, 2015 6:11 PM EDTHOUSTON--(BUSINESS WIRE)-- Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its board of directors declared a dividend of $0.10 per share on Gulf Island Fabrication, Inc.s approximately 14.5 million shares of common stock outstanding.
The dividend was declared during a regular meeting of the board held on April 23, 2015 and is payable May 29, 2015, to shareholders of... More
Gulf Island Fabrication, Inc. Reports First Quarter Earnings
April 23, 2015 5:59 PM EDTHOUSTON--(BUSINESS WIRE)-- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today reported a net income of $0.1 million ($0.00 diluted income per share) on revenue of $99.2 million for its first quarter ended March 31, 2015, compared to net income of $3.5 million ($0.24 diluted income per share) on revenue of $134.7 million for the first quarter ended March 31, 2014.
The company had a revenue backlog of $135.1 million and a labor backlog of approximately 1.2 million man-hours at March 31, 2015, including commitments received through April 22, 2015, compared to a revenue backlog of $252.9 million and a labor backlog of 2.0 million man-hours reported as of December 31, 2014.
      (in thousands)  March 31, December 31,... More