Helix Reports Fourth Quarter and Full Year 2024 Results
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Helix Energy Solutions Group, Inc. reported a net income of $20.1 million for Q4 2024, a decrease from Q3 2024's $29.5 million but an improvement from a net loss in Q4 2023.
February 24, 2025 | 11:30 pm
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Helix Energy Solutions reported a Q4 2024 net income of $20.1 million, down from Q3 2024's $29.5 million but a significant improvement from a net loss in Q4 2023.
The improvement from a net loss in Q4 2023 to a net income in Q4 2024 is a positive indicator for Helix, despite the decrease from Q3 2024. This suggests a recovery and potential growth, likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100