Marine Link
Thursday, October 27, 2016

Gulf Island Earnings Steady

October 31, 2007

Houma, La.-based Gulf Island Fabrication (GIFI) reported steady earnings and higher revenue recently. The company’s net income during the quarter that ended Sept. 30 was $10m, the same amount it earned for the period one year ago. On a diluted per share basis, Gulf Island earned 70 cents in the recent quarter, compared with 72 cents last year. However, Gulf Island reported revenue for the recent quarter was $124.9m, up from $89.7m last year.

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