Hornbeck Offshore Service (HOS) Misses Q3 EPS by 36c
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Hornbeck Offshore Announces Third Quarter 2019 Results
October 30, 2019 4:17 PM EDTCOVINGTON, La., Oct. 30, 2019 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the third quarter ended September 30, 2019. Following is an executive summary for this period and the Company's future outlook:
3Q2019 revenues were $52.8 million, a decrease of $4.0 million, or 7%, from 2Q2019 revenues of $56.8 million 3Q2019 diluted EPS was $(1.09), a decrease of $0.25, or 30%, from 2Q2019 diluted EPS of $(0.84) 3Q2019 net loss was $(41.4) million, an increase of $9.5 million, or 30%, from 2Q2019 net loss of $(31.9) million 3Q2019 EBITDA was $(1.9) million, a... More