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.
The Associated Press