GulfMark Offshore Q3 Profit Rises - Quick Facts

(RTTNews) - GulfMark Offshore, Inc. (GLF) reported third-quarter net income of $32.29 million or $1.23 per share, compared to $13.01 million or $0.49 per share, last year. The company said its quarterly results include a gain of $6.0 million or $0.23 per share related to the sale of three vessels. Adjusted income for the quarter was $26.3 million or $1.00 per share.

On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.97 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $121.80 million, from $101.87 million, a year ago. Analysts expected revenue of $122.70 million for the quarter.