Hornbeck Offshore Service (HOS) Misses Q3 EPS by 13c
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Hornbeck Offshore Announces Third Quarter 2018 Results
October 31, 2018 4:30 PM EDTCOVINGTON, La., Oct. 31, 2018 /PRNewswire/ --Â Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the third quarter ended September 30, 2018. Â Following is an executive summary for this period and the Company's future outlook:
3Q2018 revenues were $58.5 million, an increase of $0.1 million, in-line with 2Q2018 revenues of $58.4 million 3Q2018 diluted EPS was $(0.83), or $0.16 lower than 2Q2018 diluted EPS of $(0.67) 3Q2018 net loss was $(31.2) million, or $6.1 million lower than 2Q2018 net loss of $(25.1) million 3Q2018 EBITDA was $5.2 million, a decrease of $6.0 million, or 54%,... More