Gulf Island Fabrication

Gulf Island Fabrication, Inc. engages in the manufacture of steel structures, modules, and marine vessels. The firm operates through the following segments: Shipyard, Fabrication & Services and Corporate. The Shipyard segment engages in the design, construction and repair of marine vessels and also provides repair and maintenance services and fabricates newbuild marine vessels, including OSVs, MPSVs, research vessels, tugboats, salvage vessels, towboats, barges and drydocks, anchor handling vessels and lift boats. The Fabrication & Services segment engages in the fabrication of complex steel structures for offshore production and offshore wind developments as well as onshore refining, petrochemical, LNG and industrial facilities and also provides maintenance and other services in onshore facilities and on offshore platforms and performs municipal and civil works projects. The Corporate segment represents expenses that do not directly relate to the operating segments. The company was founded by Alden J. Laborde in 1985 and is headquartered in The Woodlands, TX.

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Gulf Island Fabrication (GIFI) reports strong Q4 results and outlines growth strategy for 2023

Gulf Island Fabrication (GIFI) delivered robust Q4 2022 results driven by revenue growth in Services and Fabrication divisions, despite challenges in the Shipyard segment. Strategic focus on growth areas and a healthy liquidity position position the company well for future opportunities and operational improvements.

Gulf Island Fabrication reports revenue growth in Q1 2023

Gulf Island Fabrication (GIFI) showed revenue growth in Q1 2023, driven by Services and Fabrication Divisions.
Steady growth in Services Division and improved operating income are positive signs for the company.
Challenges include the suspension of a large fabrication project and losses in the Shipyard Division.
Opportunities lie in potential project replacements, energy transition markets, and completing ferry projects.

Gulf Island Fabrication reports solid Q2 performance amidst challenges

Gulf Island Fabrication delivered a strong performance in Q2 2023, with solid growth in Services and optimism for future opportunities.
Despite challenges in the Shipyard division and a project cancellation in Fabrication, the company remains focused on strategic growth initiatives.
With a healthy cash balance and a proactive approach to mitigating challenges, Gulf Island Fabrication is well-positioned for future success.

Gulf Island Fabrication (GIFI) reports solid Q3 performance and eyes growth opportunities

Gulf Island Fabrication (GIFI) showed resilience and solid performance in Q3 2023, with a focus on profitable growth and operational strengths in Services and small-scale fabrication business.
Despite challenges from litigation-related charges and revenue impacts, the company remains financially stable with a healthy cash balance and strategic focus on market opportunities.
Opportunities in the offshore wind industry and the company's ability to navigate challenges while maintaining growth momentum position Gulf Island Fabrication for future success and expansion.
Strong financial management, operational resilience, and a strategic outlook underscore Gulf Island Fabrication's ability to weather challenges and capitalize on opportunities for sustainable growth.

Gulf Island Fabrication posts strong Q4 results, eyes growth opportunities

GIFI delivered robust financial performance in Q4 2023, driven by revenue growth and operational improvements.
Strong liquidity position and strategic outlook for 2024 indicate resilience and proactive planning.
Challenges lie in managing costs, balancing divisional performance, and optimizing capital allocation.
Opportunities exist in expanding services, pursuing acquisitions, and enhancing operational efficiency for sustained growth.

Gulf Island Fabrication reports mixed Q1 performance, eyes growth opportunities

Gulf Island Fabrication (GIFI) navigated mixed performance in Q1 2024 with revenue variations.
Management's focus on new end markets and strategic initiatives signals growth potential.
Strong liquidity and reiterated guidance position the company well for future endeavors.
Challenges in revenue segments and operational obligations require strategic attention.

Gulf Island Fabrication reports stable Q2 results amid divisional dynamics

Gulf Island Fabrication (GIFI) delivered stable Q2 results with revenue growth in the Fabrication division.
Challenges in the Services division led to revised EBITDA guidance for the year.
Strategic initiatives like the CES business line launch and focus on decommissioning opportunities show growth potential.
Strong liquidity position and consistent capital spending plans reflect financial stability and flexibility.

Gulf Island Fabrication reports solid Q3 performance amidst sector challenges

Gulf Island Fabrication (GIFI) showed resilience with revenue growth in Fabrication despite challenges in the Services division.
Strategic diversification efforts and strong cash position position the company well for future growth and market adaptability.
While facing short-term challenges, GIFI's focus on non-oil and gas markets and financial stability offer long-term strategic advantages.

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Gulf Island Fabrication, Inc. engages in the business of fabricating complex steel structures and modules and the provision of specialty services. It operates through the following segments: Services, Fabrication, Shipyard, and Corporate. The Services segment provides maintenance, repair, construction, scaffolding, coatings, and welding enclosures on offshore platforms and inland structures and at industrial facilities. The Fabrication segment fabricates modules, skids, and piping systems for onshore refining, petrochemical, liquefied natural gas, and industrial and offshore facilities. The Shipyard segment includes divested shipyard contracts and facility. The Corporate segment focuses on the costs of maintaining corporate office, executive management salaries and incentives, board of directors' fees, certain insurance costs, and costs associated with overall corporate governance and reporting requirements. The company was founded by Alden J. Laborde in 1985 and is headquartered in The Woodlands, TX.

THE WOODLANDS, Texas, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it will report financial results for the second quarter 2023 after the market close on Tuesday, August 8, 2023.

Gulf Island Announces Second Quarter 2023 Results Conference Call Date

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Gulf Island Fabrication, Inc. (NASDAQ:GIFI ) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants Cindi Cook - Executive Assistant Richard Heo - President and CEO Wes Stockton - Executive Vice President and CFO Conference Call Participants Tom Spiro - Spiro Capital John Deysher - Pinnacle Operator Good afternoon, ladies and gentlemen. Welcome to Gulf Island's conference call to discuss First Quarter 2023 Results [Operator Instructions].

Gulf Island Fabrication, Inc. (GIFI) Q1 2023 Earnings Call Transcript

THE WOODLANDS, Texas, May 09, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the first quarter 2023.

Gulf Island Reports First Quarter 2023 Results

THE WOODLANDS, Texas, May 05, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it will report financial results for the first quarter 2023 after the market close on Tuesday, May 9, 2023.

Gulf Island Announces First Quarter 2023 Results Conference Call Date

THE WOODLANDS, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it has been awarded a fabrication contract by Bechtel National, Inc. (“BNI”) to support the Mobile Launcher 2 (“ML2”) project.

Gulf Island Awarded Fabrication Contract to Support NASA Mobile Launcher 2 Project

Gulf Island Fabrication, Inc. (NASDAQ:GIFI ) Q4 2022 Earnings Conference Call March 28, 2023 5:00 PM ET Company Participants Cindi Cook – Investor Relations Richard Heo – President and Chief Executive Officer Wes Stockton – Executive Vice President and Chief Financial Officer Conference Call Participants Martin Malloy – Johnson Rice Tom Spiro – Spiro Capital Richard Greulich – REG Capital Advisors David Wright – Henry Investment Trust Operator Good afternoon, ladies and gentlemen, and welcome to Gulf Island's Conference Call to discuss Fourth Quarter and Full Year 2022 Results. All participants will be in listen-only mode for the duration of the call.

Gulf Island Fabrication, Inc. (GIFI) Q4 2022 Earnings Call Transcript

THE WOODLANDS, Texas , March 28, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the fourth quarter and full-year 2022.

Gulf Island Reports Fourth Quarter and Full-Year 2022 Results

HOUSTON, March 27, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it will report financial results for the fourth quarter and full-year 2022 after the market close on Tuesday, March 28, 2023.

Gulf Island Announces Fourth Quarter and Full-Year 2022 Results Conference Call Date

Gulf Island Fabrication's turnaround is complete but the market remains skeptical. A negative legal ruling and the ghosts of a failed shipyard division are spooking investors.

Gulf Island Fabrication: Overlooked, Unloved, And Undervalued

Gulf Island Fabrication, Inc. (NASDAQ:GIFI ) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET Company Participants Cindi Cook - Investor Relations Richard Heo - President and Chief Executive Officer Wes Stockton - Executive Vice President and Chief Financial Officer Conference Call Participants Tony Christ - Odyssey Investors David Wright - Henry Investment Operator Good afternoon, ladies and gentlemen, and welcome to Gulf Island's Conference Call to Discuss the Third Quarter 2022 Results. All participants' will be in listen-only mode for duration of the call.

Gulf Island Fabrication, Inc. (GIFI) Q3 2022 Earnings Call Transcript

THE WOODLANDS, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the third quarter 2022.

Gulf Island Reports Third Quarter 2022 Results

HOUSTON, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, will report third quarter 2022 results after the market close on Tuesday, November 8, 2022.

Gulf Island Announces Third Quarter 2022 Results Conference Call Date

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HOUSTON, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it has been awarded a large fabrication contract for an offshore project in the Gulf of Mexico.

Gulf Island Awarded Fabrication Contract

Gulf Island Fabrication has completed its multi-year turnaround, but the market doesn't realize it yet. The Services division is generating meaningful operating income.

Gulf Island Fabrication: Major Potential Catalyst Revealed In Q2 Earnings Call

Gulf Island Fabrication, Inc. (NASDAQ:GIFI ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Cindi Cook - Investor Relations Richard Heo - President and Chief Executive Officer Wes Stockton - Executive Vice President and Chief Financial Officer Conference Call Participants JP Geygan - Global Value Investment Corp Operator Good afternoon, ladies and gentlemen, and welcome to the Gulf Island's Conference Call to discuss 2022 Second Quarter Results. All participants' will be in listen-only mode for duration of the call.

Gulf Island Fabrication, Inc. (GIFI) CEO Richard Heo on Q2 2022 Results - Earnings Call Transcript

HOUSTON, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the second quarter 2022.

Gulf Island Reports Second Quarter 2022 Results

HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, will report second quarter 2022 results after the market close on Tuesday, August 9, 2022.

Gulf Island Announces Second Quarter 2022 Results Conference Call Date

Gulf Island Fabrication, Inc. (NASDAQ:GIFI ) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Participants Cindi Cook - Executive Assistant to Chief Executive Officer Richard Heo - President & Chief Executive Officer Wes Stockton - Executive Vice President & Chief Financial Officer Conference Call Participants Martin Malloy - Johnson Rice Operator Good afternoon, ladies and gentlemen and welcome to the Gulf Island's Conference Call to discuss First Quarter 2022 Results. All participants will be in listen-only mode for the duration of the call.

Gulf Island Fabrication, Inc. (GIFI) CEO Richard Heo on Q1 2022 Results - Earnings Call Transcript

HOUSTON, May 10, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the first quarter 2022.

Gulf Island Reports First Quarter 2022 Results

HOUSTON, April 26, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, will report first quarter 2022 results after the market close on Tuesday, May 10, 2022.

Gulf Island Announces First Quarter 2022 Results Conference Call Date

Gulf Island Fabrication, Inc. (GIFI) CEO Richard Heo on Q4 2021 Results - Earnings Call Transcript

HOUSTON, March 22, 2022 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the fourth quarter and full-year 2021.

Gulf Island Reports Fourth Quarter And Full-Year 2021 Results

Gulf Island Fabrication is in the midst of a turnaround.

News for Gulf Island Fabrication Stock (GIFI)