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Gulf Island Fabrication: 2Q Earnings Snapshot

August 5, 2019

HOUSTON (AP) _ Gulf Island Fabrication Inc. (GIFI) on Monday reported a second-quarter loss of $5.2 million, after reporting a profit in the same period a year earlier.

The Houston-based company said it had a loss of 34 cents per share.

The builder of structures for the offshore petroleum industry posted revenue of $80.5 million in the period.

Gulf Island Fabrication shares have decreased roughly 6% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.80, a decline of 24% 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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