Helix Energy Solutions Group reported a net income of $7.9 million for Q4 2019, compared to a net loss of $13.7 million for the same period in 2018. Adjusted EBITDA was $33.3 million, compared to $23.2 million in Q4 2018.
Results for 2019 mark our third consecutive year of sequential growth in revenue and EBITDA.
Team continues to deliver improved results in this challenging market with a focus on quality and project execution.
Took delivery of the Q7000 in November, marking the end to our capital expansion program.
Focused on integrating the Q7000 into our operating fleet, further enhancing our capabilities and market reach.
Visualization of income flow from segment revenue to net income
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