HOUSTON (AP) _ Era Group Inc. (ERA) on Thursday reported a loss of $81.4 million in its third quarter.
The Houston-based company said it had a loss of $3.91 per share. Losses, adjusted for asset impairment costs, were 30 cents per share.
The provider of helicopter transportation services posted revenue of $61.4 million in the period.
Era Group shares have dropped 33 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.30, a climb of 22 percent in the last 12 months.