Teekay Corporation's profits and revenue declined significantly in Q1.

From Nasdaq: 2025-05-07 17:40:00

Teekay Corporation (TK) reported a decrease in profit for the first quarter, with earnings of $14.9 million or $0.17 per share compared to $54.6 million or $0.59 per share last year. The company’s revenue also dropped 36.7% to $231.2 million from $365.1 million in the same period last year. The earnings at a glance show a significant decline in both earnings and revenue compared to the previous year.



Read more at Nasdaq: Teekay Corporation Bottom Line Drops In Q1