StockNews.AI
HLX
StockNews.AI
118 days

Helix Reports First Quarter 2025 Results

1. HLX reported Q1 2025 net income of $3.1 million, down from Q4 2024. 2. Q1 2024 saw a significant net loss of $26.3 million.

-0.45%Current Return
VS
+2.1%S&P 500
$6.6104/23 06:20 PM EDTEvent Start

$6.5804/25 12:29 AM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

HLX's decline in net income from the previous quarter indicates weakening performance. Historical trends suggest earnings consistency influences investor confidence, which is currently lacking.

How important is it?

The earnings report is a key event but reflects decreased profitability, likely impacting investor sentiment instantly.

Why Short Term?

Immediate investor reactions may lead to a quick price drop following earnings announcements. However, longer-term impacts will depend on future financial performance improvements.

Related Companies

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income of $3.1 million, or $0.02 per diluted share, for the first quarter 2025 compared to net income of $20.1 million, or $0.13 per diluted share, for the fourth quarter 2024 and a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024. Net loss in the first quarter 2024 included a net pre-tax loss of approximately $20.9 million related to the redemption of our former Co.

Related News