CapitalOne Downgrades Hornbeck Offshore (HOS) to Equal-weight
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Hornbeck Offshore Announces First Quarter 2016 Results
May 4, 2016 4:30 PM EDTCOVINGTON, La., May 4, 2016 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the first quarter ended March 31, 2016.  Following are highlights for this period and the Company's future outlook:
1Q2016 diluted EPS was $(0.21), an incremental loss of $0.14 from 4Q2015 diluted EPS of $(0.07) 1Q2016 revenues were $76.8 million, a decrease of $11.9 million, or 13%, from 4Q2015 revenues of $88.7 million 1Q2016 EBITDA was $28.2 million, a decrease of $4.0 million, or 12%, from 4Q2015 EBITDA of $32.2 million 1Q2016 operating loss was (1)% of revenues, down from 4Q2015... More
