Gulf Island Fabrication: 2Q Earnings Snapshot

August 9, 2018

HOUSTON (AP) _ Gulf Island Fabrication Inc. (GIFI) on Thursday reported second-quarter net income of $549,000, after reporting a loss in the same period a year earlier.

The Houston-based company said it had profit of 4 cents per share.

The builder of structures for the offshore petroleum industry posted revenue of $54 million in the period.

Gulf Island Fabrication shares have declined 36 percent since the beginning of the year. The stock has fallen 25 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIFI at https://www.zacks.com/ap/GIFI

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