Bristow Group (BRS) Misses Q1 EPS by 35c, Lowers FY EPS Guidance
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Bristow Group Reports Financial Results For Its 2016 Fiscal First Quarter Ended June 30, 2015
August 6, 2015 5:04 PM EDTHOUSTON, Aug. 6, 2015 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS) today reported a net loss for the June 2015 quarter of $3.3 million, or $0.27 per diluted share on a GAAP basis, compared to net income of $44.1 million, or $1.23 per diluted share, in the same period in the prior year.
Adjusted net income, which excludes special items and asset disposition effects, decreased 58% to $19.8 million, or $0.56 per diluted share, for the June 2015 quarter, compared to $47.4 million, or $1.32 per diluted share, in the June 2014 quarter.
Adjusted earnings before interest, taxes, depreciation, amortization and rent ("adjusted EBITDAR"),... More
