Cal Dive International Inc Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Asset Impairment for the Second Quarter of 2014
For the six months, the company reported loss of attributable to the company of $42.1 million, or $0.44 per basic and diluted share, on revenues of $240.8 million compared to loss of attributable to the company of $19.3 million, or $0.21 per basic and diluted share, on revenues of $201.9 million for the last year. The company reported operating loss of $47.8 million compared to $28.6 million, loss before income taxes of $66.3 million compared to $32.0 million and adjusted LBITDA of $4.3 million compared to adjusted EBITDA of $3.7 million for the last year.
The company reported asset impairment for the second quarter of 2014 of $1.9 million compared to $0.00 per share in last year.