Gulf Island Reports Third Quarter 2024 Results and Board Chair Transition
Gulf Island Fabrication, Inc. (GIFI)
US:NASDAQ Investor Relations:
ir.gulfisland.com
Company Research
Source: GlobeNewswire
THE WOODLANDS, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the third quarter 2024. THIRD QUARTER 2024 SUMMARY Consolidated revenue of $37.6 million; Adjusted consolidated revenue of $37.2 millionConsolidated net income of $2.3 million; Adjusted EBITDA of $2.9 millionServices division operating income of $1.4 million; EBITDA of $1.9 millionFabrication division operating income of $2.0 million; EBITDA of $2.7 millionCash and short-term investments balance of $66.8 million at September 30, 2024 Consolidated revenue for the third quarter 2024 was $37.6 million, compared to consolidated revenue of $5.0 million for the prior year period. Adjusted consolidated revenue for the third quarter 2024 was $37.2 million, compared to adjusted consolidated revenue of $37.7 million for the prior year per
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GIFI
News
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Gulf Island Fabrication (NASDAQ:GIFI) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of [Yahoo! Finance]Yahoo! Finance
- Returns At Gulf Island Fabrication (NASDAQ:GIFI) Are On The Way Up [Yahoo! Finance]Yahoo! Finance
- Gulf Island to Participate in the Sidoti Micro-Cap Virtual ConferenceGlobeNewswire
- Gulf Island Fabrication Inc (GIFI) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
GIFI
Sec Filings
- 11/20/24 - Form 144
- 11/14/24 - Form SCHEDULE
- 11/6/24 - Form 10-Q
- GIFI's page on the SEC website