Hornbeck Offshore Service (HOS) Misses Q4 EPS by 5c
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Hornbeck Offshore Announces Fourth Quarter 2016 Results
February 15, 2017 4:30 PM ESTCOVINGTON, La., Feb. 15, 2017 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the fourth quarter ended December 31, 2016. Â Following is an executive summary for this period and the Company's future outlook:
4Q2016 diluted EPS was $(0.53), a decrease of $0.08, or 18%, from 3Q2016 diluted EPS of $(0.45) 4Q2016 revenues were $41.9 million, a decrease of $10.0 million, or 19%, from 3Q2016 revenues of $51.9 million 4Q2016 net loss was $(19.2) million, a $2.7 million decrease from 3Q2016 net loss of $(16.5) million 4Q2016 operating loss was (66)% of... More