Teekay (TK) Reports Q1 EPS of $0.25

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Go back to Teekay (TK) Reports Q1 EPS of $0.25

Teekay Corporation Reports First Quarter 2020 Results

May 21, 2020 1:56 AM EDT

Highlights

GAAP net loss attributable to shareholders of Teekay of $49.8 million, or $0.49 per share, and adjusted net income attributable to shareholders of Teekay(1) of $25.3 million, or $0.25 per share, in the first quarter of 2020 (excluding $44.9 million of income relating to the Foinaven transaction and other items listed in Appendix A to this release).Total adjusted EBITDA(1) of $342.2 million in the first quarter of 2020.Teekay Parent secured a new bareboat charter contract for the Foinaven FPSO, which included... More