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Gulf Island Fabrication, Inc. reported strong first quarter 2024 results with consolidated revenue of $42.9 million, net income of $6.2 million, and adjusted EBITDA of $3.7 million. The Services Division saw operating income of $2.9 million and EBITDA of $3.3 million, while the Fabrication Division reported operating income of $4.7 million and adjusted EBITDA of $2.5 million. The company ended the quarter with a cash balance of $61.3 million and reiterated its full-year 2024 financial guidance.
Gulf Island Fabrication, Inc. (NASDAQ: GIFI) will participate in the Sidoti Micro-Cap Virtual Conference on May 9, 2024. The company's executive management team, including the CEO and CFO, will engage in one-on-one meetings with investors. Contact Sidoti for more details.
Gulf Island Fabrication, Inc. announced that it will report financial results for the first quarter of 2024 on May 7, 2024. The conference call to discuss the results will be held on the same day at 4:00 p.m. Central Time.
