Seacor Marine: 3Q Earnings Snapshot

November 12, 2018

HOUMA, La. (AP) _ Seacor Marine Holdings Inc. (SMHI) on Monday reported a loss of $16 million in its third quarter.

On a per-share basis, the Houma, Louisiana-based company said it had a loss of 71 cents. Losses, adjusted to extinguish debt, came to 69 cents per share.

The operator of a fleet of marine support vessels posted revenue of $70.3 million in the period.

Seacor Marine shares have climbed 40 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.36, a climb of 24 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 SMHI at https://www.zacks.com/ap/SMHI

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