Seacor Marine shows improvement in fourth quarter earnings

The Ava J McCall, a 13,500-hp fast support vessel built by Gulf Craft for Seacor. Seacor photo

Seacor Marine Holdings Inc. announced its fourth quarter earnings today, which included improved results, the Houston-based OSV operator said.

Fourth quarter highlights include:

  • Total operating revenues increased 43.8% as compared with the fourth quarter of 2017.
  • Cash flows from operating activities increased to $11.9 million from $5.6 million in the prior quarter.
  • Operating loss decreased by $24.6 million to $11.2 million from $35.8 million in the fourth quarter of 2017, representing a 68.8%...

https://www.workboat.com/news/offshore/seacor-marine-shows-improvement-in-fourth-quarter-earnings/

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