Bourbon Subsea Services Reports Revenue and Operating Results for the Third Quarter and Nine Months of 2018
For the nine months, the company reported adjusted revenues were 95.4 million against 176.5 million a year ago.
For the quarter, the company reported operating indicators as number of vessels 20.0 and average utilization rate is 54.3% against number of vessels 22.0 and average utilization rate is 63.4% a year ago.
For the nine months, the company reported operating indicators as number of vessels 20.4 and average utilization rate is 46.4% against number of vessels 22.0 and average utilization rate is 62.2% a year ago.