Teekay: Q1 Earnings Snapshot
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HAMILTON, Bermuda (AP) Teekay Corp. (TK) on Thursday reported first-quarter net income of $30 million, after reporting a loss in the same period a year earlier.
The Hamilton, Bermuda-based company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring gains, were 11 cents per share.
The oil and gas shipping company posted revenue of $359.1 million in the period. Its adjusted revenue was $282.9 million.
The company s shares closed at $3.52. A year ago, they were trading at $3.13.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TK at https://www.zacks.com/ap/TK
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