Hornbeck Offshore Service (HOS) Posts Smaller Q4 Loss
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Hornbeck Offshore Announces Fourth Quarter 2018 Results
February 13, 2019 4:39 PM ESTCOVINGTON, La., Feb. 13, 2019 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the fourth quarter ended December 31, 2018. Following is an executive summary for this period and the Company's future outlook:
4Q2018 revenues were $53.9 million, a decrease of $4.6 million, or 8% from 3Q2018 revenues of $58.5 million 4Q2018 diluted EPS was $(0.64), an improvement of $0.19 from 3Q2018 diluted EPS of $(0.83) 4Q2018 net loss was $(24.2) million, an improvement of $7.0 million from 3Q2018 net loss of $(31.2) million 4Q2018 EBITDA was $12.0 million, an increase of... More