Hornbeck Offshore Service (HOS) Misses Q4 EPS by 6c

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Hornbeck Offshore Announces Fourth Quarter 2015 Results

February 17, 2016 5:40 PM EST

COVINGTON, La., Feb. 17, 2016 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the fourth quarter ended December 31, 2015.  Following are highlights for this period and the Company's future outlook:

4Q2015 diluted EPS was $(0.07), a decrease of $0.28, or 133%, from the comparable 3Q2015 diluted EPS of $0.21 4Q2015 revenues were $88.7 million, a decrease of $27.6 million, or 24%, from 3Q2015 revenues of $116.3 million 4Q2015 EBITDA was $32.2 million, a decrease of $17.1 million, or 35%, from the comparable 3Q2015 EBITDA of $49.3 million 4Q2015 operating margin was 5%,... More