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For the nine months ended 30 September 2017, GulfMark Offshore, Inc. revenues decreased 23% to $74.8M. Net loss increased 16% to $190M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Operating Segment -Other loss increase from $5.8M to $21.9M, Operating Segment-North Sea loss increase from $1.7M to $6.8M.
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 25.8 | 24.64 | 24.36 | 26.62 |
Gross Profit | 4.24 | 3.6 | 2.28 | 7.96 |
Operating Income | -18.2 | -30.68 | -31.99 | -16.96 |
Net Income | -24.64 | -40.55 | -124.81 | -39.49 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 1071.67 | 1071.49 | 1076.57 | 1053.9 |
Total Liabilities | 762.38 | 755.53 | 737.13 | 604.28 |
Total Equity | 309.29 | 315.97 | 339.44 | 449.62 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -52.25 | -42.45 | -11.38 | -23.34 |
Cash From Investing Activities | -21.84 | -21.63 | -21.38 | -9.66 |
Cash From Financing Activities | 76.14 | 69.14 | 52.17 | 20.17 |
Net Change in Cash | 2.64 | 5.29 | 19.32 | -13.12 |
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