Helix Energy Solutions reported a drop in profit for the fourth quarter, but still beat Street estimates. The company’s bottom line was $8.27 million, or $0.06 per share, compared to $20.12 million, or $0.13 per share, last year. Analysts had expected earnings of $0.01 per share. Revenue for the period fell 5.9% to $334.16 million from $355.13 million last year. Overall, Helix Energy Solutions’ earnings at a glance show a decrease in earnings and revenue compared to the previous year.

Read more at Nasdaq: Helix Energy Solutions Q4 Income Falls, But Beats Estimates