Helix Energy Solutions Group (HLX) Tops Q1 EPS by 1c

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Go back to Helix Energy Solutions Group (HLX) Tops Q1 EPS by 1c

Helix Reports First Quarter 2019 Results

April 22, 2019 6:03 PM EDT

HOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income of $1.3 million, or $0.01 per diluted share, for the first quarter of 2019 compared to a net loss of $2.6 million, or $(0.02) per diluted share, for the same period in 2018 and a net loss of $13.7 million, or $(0.09) per diluted share, for the fourth quarter of 2018.

Helix reported Adjusted EBITDA1 of $30.2 million for the first quarter of 2019 compared to $27.6 million for the first quarter of 2018 and $23.2 million for the fourth quarter of 2018. The table below summarizes our results of operations:

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