Hornbeck Offshore Service (HOS) Misses Q1 EPS by 6c
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Hornbeck Offshore Announces First Quarter 2019 Results
May 1, 2019 4:30 PM EDTCOVINGTON, La., May 1, 2019 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today results for the first quarter ended March 31, 2019. Following is an executive summary for this period and the Company's future outlook:
1Q2019 revenues were $54.0 million, in-line with 4Q2018 revenues of $53.9 million and $12.4 million, or 30%, higher than 1Q2018 revenues 1Q2019 diluted EPS was $(0.97), or $0.33 lower than 4Q2018 diluted EPS of $(0.64) 1Q2019 net loss was $(36.6) million, or $12.4 million lower than 4Q2018 net loss of $(24.2) million 1Q2019 EBITDA was $1.5 million, a decrease of $10.5... More