RTTNews | Feb 22, 2021 06:41PM EST

18:40 Monday, February 22, 2021 (RTTNews.com) - Helix Energy Solutions (HLX) reported a profit for fourth quarter that decreased from the same period last year.

The company's bottom line totaled $4.06 million, or $0.03 per share. This compares with $8.05 million, or $0.05 per share, in last year's fourth quarter.

Analysts had expected the company to earn -$0.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.4% to $159.90 million from $170.75 million last year.

Helix Energy Solutions earnings at a glance:

-Earnings (Q4): $4.06 Mln. vs. $8.05 Mln. last year.-EPS (Q4): $0.03 vs. $0.05 last year.-Analysts Estimate: -$0.08-Revenue (Q4): $159.90 Mln vs. $170.75 Mln last year.

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