Erickson (EAC) Misses Q4 EPS Views
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Erickson Reports Fourth Quarter and Full Year 2015 Financial Results
March 3, 2016 9:03 AM ESTFull-year revenue of $298 million and Adjusted EBITDA of $59 million, approximating revised guidance  Achieved $10 million of cost savings in 2015 compared to 2014Free cash flow of $(5) million for 2015, a $38 million improvement compared to 2014
PORTLAND, Ore., March 03, 2016 (GLOBE NEWSWIRE) -- Erickson Inc. (NASDAQ: EAC) (Erickson, the Company, we, us and our), a leading global provider of aviation services, today announced fourth quarter and full year 2015 financial results.
2015 was a challenging year for Erickson as several of our end markets were contracting and under duress. This resulted in disappointing revenue and income results. We finished 2015... More
