Gulf Island Fabrication, Inc. (GIFI) reported fourth quarter net loss of $8.1 million or $0.56 per share, compared to net income of $1.8 million or $0.12 per share in the prior year quarter.
Besides, quarterly revenues grew to $129.2 million from $88.4 million a year earlier.
Gulf Island Fabrication also announced that its board of directors declared a dividend of $0.10 per share on approximately 14.5 million shares of common stock outstanding, which is payable April 1, 2013, to shareholders of record on March 18, 2013.
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