Gulf Island Fabrication: 3Q Earnings Snapshot
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.