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Bristeaux Target Zero Profits





Bristeaux Target Zero Profits  

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Author: Revenues also down   Date: 5/3/2023 4:43:25 PM  +10/-0  

Another quarter and another quarter of losses:

https://www.bristowgroup.com/news-media/press-releases/detail/531/bristow-group-reports-first-quarter-2023-results

  • Total revenues of $302.0 million for the quarter ended March 31, 2023 compared to $313.6 million for the quarter ended December 31, 2022
  • Net loss of $1.5 million, or $0.05 per diluted share, for the quarter ended March 31, 2023 compared to net loss of $7.0 million, or $0.25 per diluted share, for the quarter ended December 31, 2022

You would think with what the fat cat bosses are getting paid, they could turn a profit or at least break even.  Funny how they can "earn" a bonus while posting a loss.


 
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Bristeaux Target Zero Profits +10/-0 Revenues also down 5/3/2023 4:43:25 PM