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Shares of Gulf Island Fabrication (NASDAQ:GIFI) moved higher in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 69.44% year over year to ($0.11), which beat the estimate of ($0.23).
Revenue of $24,268,000 declined by 59.54% from the same period last year, which missed the estimate of $34,430,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Aug 10, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/qwk3e828
Price Action
Company's 52-week high was at $5.30
Company's 52-week low was at $2.73
Price action over last quarter: Up 17.79%
Company Overview
Gulf Island Fabrication Inc is a US-based company that is a fabricator of complex steel structures and marine vessels. The company also provides installation, hook-up, commissioning, repair and maintenance services with specialized crews. The company operates through segments namely Fabrication division fabricates structures such as offshore drilling and production platforms and other steel structures for customers in the oil and gas industries; Shipyards division manufactures new build and repairs various steel marine vessels in the United States; Services division provides interconnect piping services on offshore platforms, welding, and inshore structures and also provides maintenance and industrial facilities.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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