Gulf Island Reports Fourth Quarter and Full Year 2023 Results
Gulf Island Fabrication, Inc. (GIFI)
US:NASDAQ Investor Relations:
ir.gulfisland.com
Company Research
Source: GlobeNewswire
THE WOODLANDS, Texas, March 07, 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 fourth quarter and full year 2023. FOURTH QUARTER 2023 SUMMARY Consolidated revenue of $44.6 millionConsolidated net income of $7.1 million; Adjusted EBITDA of $6.6 millionServices Division operating income of $2.7 million; EBITDA of $3.2 millionFabrication Division operating income of $6.1 million; Adjusted EBITDA of $5.4 millionCash and short-term investments balance of $47.9 million at December 31, 2023Substantially completed remaining ferry projects for the Shipyard Division Consolidated revenue for the fourth quarter 2023 was $44.6 million, compared to consolidated revenue of $38.1 million for the prior year period. Consolidated net income for the fourth quarter 2023 was $7.1 million, compared to consolidated net income of $
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GIFI
News
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Institutional investors control 54% of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) and were rewarded last week after stock increased 30% [Yahoo! Finance]Yahoo! Finance
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) was upgraded by analysts at Johnson Rice from a "hold" rating to an "accumulate" rating.MarketBeat
- Gulf Island Fabrication Inc Reports Strong Fourth Quarter Amidst Full Year Challenges [Yahoo! Finance]Yahoo! Finance
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
GIFI
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEF
- 4/3/24 - Form 4
- GIFI's page on the SEC website