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Bristow Group: Fiscal Q4 Earnings Snapshot

Last Updated May 26, 2021 at 3:44 pm MDT

HOUSTON (AP) _ Bristow Group Inc. (VTOL) on Wednesday reported a loss of $42.6 million in its fiscal fourth quarter.

On a per-share basis, the Houston-based company said it had a loss of $1.47. Earnings, adjusted for non-recurring costs, were 4 cents per share.

The provider of helicopter transportation services posted revenue of $293.3 million in the period.

For the year, the company reported that its loss widened to $56.1 million, or $2.32 per share. Revenue was reported as $1.18 billion.

Bristow Group shares have increased 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.04, an increase of 79% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VTOL at https://www.zacks.com/ap/VTOL

The Associated Press