Helix Energy Solutions Reveals Rise In Q3 Bottom Line

(RTTNews) - Helix Energy Solutions (HLX) reported earnings for its third quarter that rose from the same period last year.

The company's bottom line came in at $27.12 million, or $0.18 per share. This compares with $2.29 million, or $0.02 per share, in last year's third quarter.

Analysts had expected the company to earn $0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 30.2% to $212.57 million from $163.26 million last year.

Helix Energy Solutions earnings at a glance:

-Earnings (Q3): $27.12 Mln. vs. $2.29 Mln. last year. -EPS (Q3): $0.18 vs. $0.02 last year. -Analysts Estimate: $0.11 -Revenue (Q3): $212.57 Mln vs. $163.26 Mln last year.