Gulf Island Fabrication Inc. Q4 Profit Declines

Gulf Island Fabrication Inc. (GIFI) released earnings for fourth quarter that decreased from last year

The company's earnings came in at $4.30 million, or $0.26 per share. This compares with $7.09 million, or $0.43 per share, last year.

The company's revenue for the period fell 16.0% to $37.42 million from $44.55 million last year.

Gulf Island Fabrication Inc. earnings at a glance (GAAP) :

-Earnings: $4.30 Mln. vs. $7.09 Mln. last year.
-EPS: $0.26 vs. $0.43 last year.
-Revenue: $37.42 Mln vs. $44.55 Mln last year.

by RTTNews Staff Writer

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