SEACOR Marine (SMHI) Tops Q4 EPS by 51c, Revenues Beat
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Seacor Marine Announces Fourth Quarter 2018 Results
March 6, 2019 6:30 AM ESTContinued Improvement in Operating Performance
HOUSTON--(BUSINESS WIRE)-- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the Company or SEACOR Marine), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced results for its fourth quarter and twelve months ended December 31, 2018.
Fourth quarter highlights include:
Total operating revenues increased 43.8% as compared with the fourth quarter of 2017, in what is historically a seasonally slow quarter. Cash flows from operating activities increased to $11.9 million from $5.6... More