Helix Reports Second Quarter 2016 Results
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Simmons Raises Price Target on Helix Energy Solutions Group (HLX) Following 2Q Review
July 21, 2016 8:07 AM EDTSimmons reiterated an Overweight rating on Helix Energy Solutions Group, Inc. (NYSE: HLX), and raised the price target to $10.00 (from $9.10), following a 2Q earnings review. EBITDA guidance was reduced from $100-$130M to $90- $120M, with mostly due to the delayed startup of... More
Helix Energy Solutions Group (HLX) Reports In-Line Q2 Loss of 10c/Share
July 20, 2016 7:42 AM EDTHelix Energy Solutions Group (NYSE: HLX) reported Q2 EPS of ($0.10), in-line with the analyst estimate of ($0.10). Revenue for the quarter came in at $107.3 million versus the consensus estimate of $131.45 million.
Helix reported adjusted EBITDA1 of $14.9 million for the second quarter of 2016 compared to $35.7... More
