CGG (CGG) reported fiscal 2012 net income of $91 million, compared to a loss of $14 million, restated, last year. The company's 2012 result include the impact of non-recurring items related to the acquisition of Fugro Geoscience Division. Before the impact of non-recurring items related to the acquisition of Fugro Geoscience Division, net income for 2012 was $123 million or $0.65 per share.
Net income to owners was $74.2 million compared to a loss of $28.2 million pror year. Profit per share was $0.46 compared to a loss of $0.18 per share prior year. Revenue increased to $3.41 billion from $3.18 billion last year.
Earnings Before Interest & Tax, or EBIT, before the impact of non-recurring items, was $403 million.
Click here to receive FREE breaking news email alerts for Compagnie Gnrale de Gophysique-Veritas and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com