Helix Energy Solutions earnings drop in Q2

Houston-based offshore services and robotics specialist Helix Energy Solutions has reported profit of $5.5 million, or 4 cents per diluted share, for the second quarter of 2020 compared to $16.8 million profit for the same period in 2019.

Sequentially, Helix swung back to black from $11.9 million loss or 9 cents per diluted share.

Second quarter revenues were slightly down at $199 million, against prior year comparable period at $201.7 million.

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