AP NEWS

Era Group: 2Q Earnings Snapshot

August 7, 2018

HOUSTON (AP) _ Era Group Inc. (ERA) on Tuesday reported a loss of $10.4 million in its second quarter.

On a per-share basis, the Houston-based company said it had a loss of 49 cents. Earnings, adjusted for non-recurring costs, came to 22 cents per share.

The provider of helicopter transportation services posted revenue of $57.7 million in the period.

Era Group shares have climbed 31 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $14.07, a climb of 63 percent in the last 12 months.

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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 ERA at https://www.zacks.com/ap/ERA

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