CapitalOne Downgrades Hornbeck Offshore (HOS) to Equal-weight

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/6/2026

1. PTC
2. NVDA
3. PCVX
4. RXO
5. SPY
6. USO
7. META
8. MSFT
9. GOOGL
10. AMD

Go back to CapitalOne Downgrades Hornbeck Offshore (HOS) to Equal-weight

Hornbeck Offshore Announces First Quarter 2016 Results

May 4, 2016 4:30 PM EDT

COVINGTON, 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