Hornbeck Offshore Service (HOS) Tops Q1 EPS by 1c

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Go back to Hornbeck Offshore Service (HOS) Tops Q1 EPS by 1c

Hornbeck Offshore Announces First Quarter 2017 Results

May 3, 2017 4:15 PM EDT

COVINGTON, La., May 3, 2017 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the first quarter ended March 31, 2017.  Following is an executive summary for this period and the Company's future outlook:

1Q2017 diluted EPS was $(0.76), a decrease of $0.23, or 43%, from 4Q2016 diluted EPS of $(0.53) 1Q2017 net loss was $(27.9) million, a decrease of $8.7 million from 4Q2016 net loss of $(19.2) million 1Q2017 EBITDA was $1.6 million, a slight increase from 4Q2016 EBITDA of $1.1 million 1Q2017 revenues include a redelivery... More