HC2 Holdings: Q4 Earnings Insights

Shares of HC2 Holdings HCHC were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 108.11% over the past year to ($0.03), which beat the estimate of ($0.20).

Revenue of $251,800,000 declined by 49.48% from the same period last year, which beat the estimate of $250,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Mar 10, 2021

Time: 05:00 PM

ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1437710&tp_key=4ab48f08a3

Recent Stock Performance

52-week high: $4.75

Company's 52-week low was at $1.29

Price action over last quarter: Up 53.23%

Company Overview

HC2 Holdings Inc operates as a diversified holding company engaged in seeking opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. It has eight reportable segments; Construction, Marine Services, Energy, Telecommunications, Insurance, Life Sciences, Broadcasting, and Other. It derives a majority of the revenue from the Telecommunications segment which comprises PTGi International Carrier Services, which operates an extensive network of direct routes and offers premium voice communication services for carrying a mix of business, residential and carrier long-distance traffic, data and transit traffic.