Service & Supply | Quarterly / Earnings Reports | Third Quarter (3Q) Update | Capital Markets | Capital Expenditure
Helix Energy Reports Third Quarter Results
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Helix Energy Solutions Group, Inc. has reported net income of $75.6 million, or $0.71 per diluted share, for the third quarter of 2014 compared to net income of $44.6 million, or $0.42 per diluted share, for the same period in 2013 and net income of $57.8 million, or $0.55 per diluted share, in the second quarter of 2014.
Net income for the nine months ended September 30, 2014 was $187.1 million, or $1.77 per diluted share, compared with net income of $73.4 million, or $0.69 per diluted share, for the nine months ended September 30, 2013.
Owen Kratz, President and Chief Executive Officer of Helix, stated: "We executed at a high level in the third quarter for both the Well Intervention and the Robotics businesses. This quarter’s results reflect the strong demand for our services and the…
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