Hornbeck Offshore Service (HOS) Tops Q2 EPS by 25c

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Go back to Hornbeck Offshore Service (HOS) Tops Q2 EPS by 25c

Hornbeck Offshore Announces Second Quarter 2017 Results

August 2, 2017 4:27 PM EDT

COVINGTON, La., Aug. 2, 2017 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the second quarter ended June 30, 2017.  Following is an executive summary for this period and the Company's future outlook:

2Q2017 diluted EPS was $(0.53), an increase of $0.23, or 30%, from 1Q2017 diluted EPS of $(0.76) 2Q2017 net loss was $(19.5) million, an increase of $8.4 million from 1Q2017 net loss of $(27.9) million 2Q2017 EBITDA was $12.2 million, an increase of $10.6 million from 1Q2017 EBITDA of $1.6 million 2Q2017 note repurchases resulted... More