Helix Energy: Fourth Quarter Earnings Overview

Helix Energy Solutions Group Announces Fourth Quarter Results

Helix Energy Solutions Group Inc., headquartered in Houston, revealed on Monday that it achieved a net profit of $8.3 million during the fourth quarter.

The company reported earnings of $0.06 per share. When excluding asset impairment charges, adjusted earnings reached $0.16 per share.

During this quarter, Helix, which specializes in offshore oil and gas services, generated $334.2 million in revenue.

Looking at the full year, Helix recorded a total profit of $30.8 million, translating to $0.21 per share, with annual revenue totaling $1.29 billion.