Teekay (TK) Misses Q3 EPS by 12c
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February 23, 2017 7:06 AM EST
HAMILTON, BERMUDA -- (Marketwired) -- 02/23/17 --
Highlights
-- Reported consolidated GAAP net loss attributable to shareholders of
Teekay of $2.7 million, or $0.03 per share, and consolidated adjusted
net loss attributable to shareholders of Teekay(1) of $18.6 million, or
$0.22 per share in the fourth quarter of 2016.
-- Generated GAAP consolidated income from vessel operations of $83.2
million and $384.3 million, respectively, and consolidated cash flow
from vessel operations(1) of $290.5 million and $1.3 billion,
respectively, in the fourth quarter and fiscal year 2016.
-- Entered into a contract amendment and heads of terms to extend the firm
periods for the Banff FPSO and Hummingbird Spirit...
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