HOUSTON — Gulf Island Fabrication Inc. (GIFI) on Thursday reported a loss of $10.9 million in its third quarter.
On a per-share basis, the Houston-based company said it had a loss of 73 cents.
The builder of structures for the offshore petroleum industry posted revenue of $49.7 million in the period.
Gulf Island Fabrication shares have dropped 36 percent since the beginning of the year. The stock has declined 32 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GIFI at https://www.zacks.com/ap/GIFI