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PHI Inc.: 2Q Earnings Snapshot

LAFAYETTE, La. (AP) _ PHI Inc. (PHIIK) on Thursday reported a loss of $7.1 million in its second quarter.

The Lafayette, Louisiana-based company said it had a loss of 45 cents per share.

The helicopter transportation company serving the oil and gas industry posted revenue of $169.2 million in the period.

PHI Inc. shares have declined 29 percent since the beginning of the year. The stock has fallen 25 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PHIIK at https://www.zacks.com/ap/PHIIK