Gulfmark Offshore (GLF) Tops Q2 EPS by 20c, Offers Q3 Guidance

Go back to Gulfmark Offshore (GLF) Tops Q2 EPS by 20c, Offers Q3 Guidance

GulfMark Offshore Announces Second Quarter 2015 Operating Results

July 22, 2015 5:00 PM EDT

HOUSTON, July 22, 2015 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. ("GulfMark" or the "Company") (NYSE: GLF) today announced its results of operations for the three- and six-month periods ended June 30, 2015. Recent highlights include:

Exceeded Expectations for Revenue and Operating Expense Reductions Direct Operating Expenses Decreased 23% Since the Same Quarter Last Year General and Administrative Expenses, Before Special Items, Decreased 23% Since the Same Quarter Last Year Recent Sale of 1997-Built North Sea Vessel for Approximately 110% of Book Value Direct Operating Expenses Estimated to Decrease Approximately 10% From... More