|
|
Article: Hanover Compressor Reports First Quarter 2003 Financial Results.
- Article from:
- Business Wire
- Article date:
- May 13, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Energy Editors/Business Editors
HOUSTON--(BUSINESS WIRE)--May 13, 2003
Hanover Compressor Company (NYSE:HC), the leading provider of outsourced natural gas compression services, today reported financial results for the first quarter ended March 31, 2003, which include an estimated charge to settle all currently outstanding securities-related litigation.
Quarterly Results - Summary
First quarter 2003 revenue was $273.7 million compared with $255.5 million for the first quarter 2002. Net loss for the first quarter 2003 was $50.3 million, or $0.63 per share compared with net income of $5.0 million, or $0.06 per fully diluted share in the ...