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Stock Market & Financial Investment News

News Breaks
February 25, 2013
18:04 EDTGLFGulfMark Offshore reports Q4 EPS (19c), may not compare to consensus 27c
Reports Q4 consolidated revenue $95M, consensus $99.57M. Consolidated operating income was down $15.8M as a result of a combination of lower quarterly revenue, coupled with approximately $3.0M of higher direct operating expenses during the quarter, no gains on asset sales, which amounted to $3.9M in Q3, an impairment charge of $300K, and an increase in bad debt expense of $2.3M. Net loss for the quarter also included a write-off of $600K of unamortized debt fees resulting from the termination of the facility agreement.
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July 22, 2015
17:06 EDTGLFGulfMark Offshore sees FY15 drydock $15M-$17M
Sees FY15 direct operating expenses $175M-$180M.
17:05 EDTGLFGulfMark Offshore sees Q3 revenue $65M-$70M, consensus $75.44M
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17:03 EDTGLFGulfMark Offshore reports Q2 adjusted EPS (27c), consensus (47c)
Reports Q2 revenue $74.46M, consensus $74.53M. "Our expense reduction initiatives continue to yield better than anticipated savings. We now believe that we will be able to capture about $60M of annual direct operating expense savings, an additional $25M in savings over our previous goal of about $35M," said the company.

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