Erickson (EAC) Misses Q2 EPS by 17c

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Erickson Reports Second Quarter 2015 Results

August 6, 2015 4:06 PM EDT

Reports Revenues of $69.3 million, Operating Income of $0.2 million, and Adjusted EBITDA of $10.3 million

Traction on Cash Savings Initiatives Resulted in Lower Capital Spending and Improved Free Cash Flow

Disciplined Cost Savings Actions Yielded Lower Operating Expenses

PORTLAND, Ore.--(BUSINESS WIRE)-- Erickson Incorporated (NASDAQ: EAC) (Erickson, the Company, we, us and our), a leading provider of aviation services and products to a worldwide mix of commercial and government customers, today announced second quarter 2015 financial results.

Jeff Roberts, Chief Executive Officer of Erickson, commented, Our second quarter results... More