Erickson (EAC) Misses Q3 EPS by 6c, Guides FY Revenue Below Street
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Erickson Reports Third Quarter 2015 Results
November 5, 2015 5:42 PM ESTReports Revenues of $101.1 million, Operating Income of $25.7 million, and Adjusted EBITDA of $37.8 millionImproved Operational Efficiencies Resulted in Strong Operating Cash Flow & Lower Capital SpendingDisciplined Cost Savings Actions Yielded Lower Operating Expenses
PORTLAND, Ore., Nov. 05, 2015 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ: EAC) (Erickson, the Company, we, us and our), a leading provider of aviation services and products to a worldwide mix of commercial and government customers, today announced third quarter 2015 financial results.
Jeff Roberts, Chief Executive Officer of Erickson, commented, The additional contraction in the oil and gas markets, a slower than anticipated global firefighting... More
