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PHI Inc.: 2Q Earnings Snapshot

August 9, 2019

LAFAYETTE, La. (AP) _ PHI Inc. (PHIIQ) on Friday reported a loss of $32.1 million in its second quarter.

The Lafayette, Louisiana-based company said it had a loss of $2.03 per share. Losses, adjusted for non-recurring costs, came to 36 cents per share.

The helicopter transportation company serving the oil and gas industry posted revenue of $165.2 million in the period.

In the final minutes of trading on Friday, the company’s shares hit 55 cents. A year ago, they were trading at $8.30.

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

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