Bristow Group (BRS) Reports Q2 EPS of 4c, Updates FY EPS Guidance

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Go back to Bristow Group (BRS) Reports Q2 EPS of 4c, Updates FY EPS Guidance

Bristow Group Reports Financial Results For Its 2016 Fiscal Second Quarter And Six Months Ended September 30, 2015

November 5, 2015 5:15 PM EST

HOUSTON, Nov. 5, 2015 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS) today reported a GAAP net loss for the September 2015 quarter of $47.1 million, or $1.21 per diluted share, compared to net income of $26.1 million, or $0.73 per diluted share, in the same period a year ago.

Adjusted net income, which excludes $37.6 million of special items and $10.8 million of losses on asset dispositions, decreased 96% to $1.3 million, or $0.04 per diluted share, for the September 2015 quarter, compared to adjusted net income of $31.1 million, or $0.87 per diluted share, in the September 2014 quarter.

Adjusted earnings before interest, taxes, depreciation,... More