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Stock impact report

Bristow Group Inc (VTOL) Faces Q4 Net Loss Despite Stable Revenues [Yahoo! Finance]

Bristow Group, Inc. (VTOL) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Q4 Adjusted EBITDA at $46.0 million, down from $56.6 million in Q3. Full Year Performance : Full year Adjusted EBITDA of $170.5 million, slightly above the revised outlook. 2024 Outlook : Bristow affirms its 2024 outlook with expected revenue and Adjusted EBITDA growth. Warning! GuruFocus has detected 4 Warning Signs with VTOL. On March 5, 2024, Bristow Group Inc ( NYSE:VTOL ) released its 8-K filing , detailing the financial results for the fourth quarter and full fiscal year of 2023. Bristow Group Inc, a leading provider of vertical flight solutions, reported a net loss of $7.9 million, or $0.28 per diluted share, for the fourth quarter ended December 31, 2023. This compares to a net income of $4.3 million, or $0.15 per diluted share, in the preceding quarter. The company's operating revenues were marginally lower at $329.6 million compared to $330.3 million in the previous quarter. Bristow Group Inc provides aviation services to a broad base of major in Show less Read more
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