Erickson (EAC) Misses Q1 EPS Expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/2/2026
- Nasdaq climbs to record after softer jobs data cools rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Twilio, Vylor set to join S&P 500 as index reshuffles members
- Wells Fargo names 13 stocks as overweight tactical ideas
Erickson Reports First Quarter 2016 Financial Results
May 5, 2016 7:02 AM EDTRevenue and EBITDA down while Cash Flow from Operations improves Revenue of $46.8 million, down $19.3 million compared to first quarter 2015Adjusted EBITDA loss of $3.1 million compared to first quarter 2015 Adjusted EBITDA of $2.2 millionImprovement in operating cash flow of $6.6 million compared to first quarter 2015 Secured a credit facility amendment providing incremental liquidity and flexibilityGrowing backlog as a result of multiple contract wins in India, Peru, Alaska and with the U.S. Navy
PORTLAND, Ore., May 05, 2016 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ: EAC) (Erickson, the Company, we, us and our), a leading global... More
