TK

Teekay Corporation Bottom Line Drops In Q1

(RTTNews) - Teekay Corporation (TK) revealed a profit for first quarter that decreased from the same period last year

The company's earnings totaled $14.9 million, or $0.17 per share. This compares with $54.6 million, or $0.59 per share, last year.

The company's revenue for the period fell 36.7% to $231.2 million from $365.1 million last year.

Teekay Corporation earnings at a glance (GAAP) :

-Earnings: $14.9 Mln. vs. $54.6 Mln. last year. -EPS: $0.17 vs. $0.59 last year. -Revenue: $231.2 Mln vs. $365.1 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.