Gulfmark Offshore Q2 Profit Down, Lifts FY13 Revenue Outlook - Quick Facts

(RTTNews) - Gulfmark Offshore, Inc. (GLF) Monday reported second-quarter profit of $9.86 million or $0.38 per share, down from $14.06 million or $0.53 per share in the same period last year.

Adjusted earnings for the quarter was $0.44 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $111.35 million, up from $104.88 million last year. Analysts expected revenues of $105.61 million.

Looking ahead to the third quarter, the company has forecast revenues in the range of $118 million to $123 million. Analysts currently expect third-quarter revenues of $119.66 million.

For the fiscal 2013, the company has raised its revenue outlook to a range of $450 million to $465 million. Analysts currently expect full-year revenues of $445.63 million.