Helix Energy Solutions reports 90% Q3 earnings increase to $29.5M, despite 13.5% revenue decrease to $342.4M.

Helix Energy Solutions (HLX) reported a 90% increase in Q3 earnings, reaching $29.5 million or $0.19 per share, exceeding analysts' expectations. However, the company's revenue decreased by 13.5% to $342.4 million compared to the previous year. For the first nine months of 2024, net income rose to $35.5 million or $0.23 per share, up from $17.5 million in the same period in 2023.

October 23, 2024
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