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News Breaks
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November 10, 2009
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| 10:25 EDT |  | MDR |
| theflyonthewall.com: | McDermott: Not expecting same utilization level in upcoming quarters as in Q3 | | The CEO said "This quarter's strong results came from high utilization, particularly our construction vessels and exceptional productivity. In addition, we benefited from realized and expected cost savings in a number of other project improvements. In the next quarter or two, we are not expecting this same utilization level that we achieved this quarter." This information is from the Q3 earnings conference call. :theflyonthewall.com |
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