THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Gulf Island Fabrication Inc. (GIFI) on Thursday reported earnings of $7.1 million in its fourth quarter.

The The Woodlands, Texas-based company said it had profit of 43 cents per share.

The builder of structures for the offshore petroleum industry posted revenue of $44.6 million in the period.

For the year, the company reported a loss of $24.4 million, or $1.51 per share. Revenue was reported as $151.1 million.

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