Era Group: 3Q Earnings Snapshot
HOUSTON (AP) _ Era Group Inc. (ERA) on Tuesday reported third-quarter net income of $31.3 million, after reporting a loss in the same period a year earlier.
The Houston-based company said it had net income of $1.44 per share. Losses, adjusted for non-recurring gains, came to 10 cents per share.
The provider of helicopter transportation services posted revenue of $54.6 million in the period.
Era Group shares have risen 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.74, a climb of slightly more than 4 percent in the last 12 months.