Shares of Helix Energy Solutions (HLX) surged 6.03% in pre-market trading on Thursday, following the company's release of a positive revenue outlook for the fiscal year. The offshore energy services provider's stock price movement reflects investor optimism about the company's financial projections.
According to a presentation by Helix Energy Solutions, the company expects its fiscal year revenue to range between $1,230 million and $1,290 million. This forecast suggests strong financial performance and potential growth for the company in the coming year.
The upbeat revenue outlook appears to have sparked investor confidence, driving the significant pre-market stock price increase. As the energy sector continues to evolve, Helix Energy Solutions' positive projections may indicate its ability to capitalize on market opportunities and maintain a strong position in the offshore energy services industry.
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