Gulfmark Offshore (GLF) Reports In-Line Q2 EPS

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Go back to Gulfmark Offshore (GLF) Reports In-Line Q2 EPS

GulfMark Offshore Announces Second Quarter 2016 Operating Results

July 26, 2016 5:28 PM EDT

HOUSTON, July 26, 2016 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. (GulfMark or the Company) (NYSE: GLF) today announced its results of operations for the three- and six-month periods ended June 30, 2016. Recent highlights include:

Reduced Bond Indenture Debt by $49 Million through Open Market Purchases, Generating a Gain of Over $25 millionMaintained Strong Liquidity Position of Approximately $143 Million at Quarter EndContinued Successful Liquidation of Older Vessels by Selling 1998-Built North Sea Vessel During Q2, Which Had Been in Lay-Up for More than One YearSubsequent to Quarter End, Sold Two Southeast... More