Bristow Group (BRS) Tops Q3 EPS Views by 4c
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Bristow Group Reports Financial Results for its 2016 Fiscal Third Quarter and Nine Months Ended December 31, 2015
February 8, 2016 5:07 PM ESTHOUSTON, Feb. 8, 2016 /PRNewswire/ --Â Bristow Group Inc. (NYSE: BRS) today reported the following results for the quarter ended December 31, 2015:
Operating revenue of $395.2 million Net income of $3.2 million (GAAP) and $23.5 million (adjusted) Diluted earnings per share of $0.09 (GAAP) and $0.67 (adjusted) Adjusted EBITDAR of $116.9 million; margin of 29.6%The Company is reaffirming its adjusted earnings per share guidance for the full fiscal year 2016 of $1.80 - $2.40. GAAP and adjusted results for our 2016 fiscal third quarter were net of charges for bad debt expense of $2.7 million ($2.3 million... More
Bristow Group Announces Quarterly Dividend Reduction
February 8, 2016 4:56 PM ESTHOUSTON, Feb. 8, 2016 /PRNewswire/ --Â Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors approved a $0.07 per share quarterly dividend, which compares to $0.34 per share in the prior quarter.
The dividend will be payable on March 15, 2016 to stockholders of record at the close of business on March 1, 2016 (the "Record Date"). There were 34,951,725 shares of Bristow's common stock issued and outstanding as of February 4, 2016.
Jonathan E. Baliff, President and Chief Executive Officer of Bristow... More
