CHC Group (HELI) Tops Q2 EPS by 11c; Reverse Split Approved by Holders
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CHC Group Reports Fiscal 2016 Second Quarter Results
December 8, 2015 4:58 PM ESTContinued execution of cost reduction program significantly offsets market headwinds Net loss of $42 million in quarter resulting from relatively flat Adjusted EBITDAR, excluding special items, year-over-year Adjusted EBITDAR margin, excluding special items, improved 720 basis points year-over-year
VANCOUVER, British Columbia--(BUSINESS WIRE)-- CHC Group (NYSE:HELI; the Company) reported fiscal 2016 second quarter (ended October 31, 2015) consolidated revenue of $361 million, a decline of 21 percent year-over-year driven by unfavorable currency translation effects and continued challenges in the global oil and gas market. On a constant currency basis,... More
