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Gulf Island Fabrication, Inc. - $GIFI STOCK NEWS

Welcome to our dedicated page for Gulf Island Fabrication news (Ticker: $GIFI), a resource for investors and traders seeking the latest updates and insights on Gulf Island Fabrication stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gulf Island Fabrication's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gulf Island Fabrication's position in the market.

Rhea-AI Summary
Gulf Island Fabrication, Inc. will report financial results for Q3 2023 on November 7, 2023. The conference call to discuss the results will be held at 4:00 p.m. CT on the same day. Participants can join the call via webcast or by dialing 1.877.704.4453. A replay of the webcast will be available on the company's website for seven days.
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Gulf Island Fabrication resolves lawsuit and enters settlement agreement with Hornbeck Offshore Services
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Rhea-AI Summary
Gulf Island Fabrication, Inc. (GIFI) announced its second quarter 2023 results, reporting a 9.5% increase in revenue year-over-year, with consolidated net income of $1.1 million and EBITDA of $2.1 million. The Services Division operating income and EBITDA were $3.3 million and $3.8 million, respectively, while the Fabrication Division operating income and EBITDA were $1.3 million and $2.1 million, respectively. The company also reported a cash and short-term investment balance of $40.2 million at June 30, 2023.
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Gulf Island Fabrication, Inc.

Nasdaq:GIFI

GIFI Rankings

GIFI Stock Data

109.91M
12.28M
8.24%
61.53%
0.65%
Plate Work Manufacturing
Manufacturing
Link
United States of America
THE WOODLANDS

About GIFI

gulf island fabrication is a diversified, publicly traded corporation that has grown to be a worldwide leader in the fabrication, maintenance and servicing of structures, facilities and vessels within the energy sector and beyond. with several locations along the gulf coast, our craftsman have built a number of “first of it’s kind” and largest steel structures across the globe. from onshore to offshore to across the globe, gulf island fabrication delivers quality and safety on time and on budget.