Gulf Island Fabrication: 3Q Earnings Snapshot

November 4, 2019 GMT

HOUSTON (AP) _ Gulf Island Fabrication Inc. (GIFI) on Monday reported a loss of $6.8 million in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of 44 cents.

The builder of structures for the offshore petroleum industry posted revenue of $75.8 million in the period.

Gulf Island Fabrication shares have fallen 25% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.45, a drop of 38% 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 GIFI at https://www.zacks.com/ap/GIFI