Hercules Offshore (HERO) Tops Q1 EPS by 3c
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Hercules Offshore Announces First Quarter 2015 Results
April 29, 2015 7:02 AM EDTHOUSTON, April 29, 2015 /PRNewswire/ --Â Hercules Offshore, Inc. (Nasdaq: HERO) today reported a net loss of $57.1 million, or $0.35 per diluted share, on revenue of $122.6 million for the first quarter 2015, compared to net income of $19.9 million, or $0.12 per diluted share, on revenue of $256.7 million for the first quarter 2014. As outlined in the Reconciliation of GAAP to Non-GAAP Financial Measures, first quarter 2014 results included an after-tax charge of $15.2 million, or $0.10 per diluted share, related to early debt retirement and issuance costs.
John T. Rynd, Chief Executive Officer and President of Hercules... More
