Bristow Group passes $1B revenue mark for first time - Houston Business Journal:

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For the year, net income was $104 or $3.41 per share, on revenued of $1 billion, compared with net incom of $74.2 million, or $2.74 per share, on revenue of $843.6 in 2007. Net income for the year includeda $5.3 milliom loss related to the sale of its Grasso business in Novembef 2007. "Fiscal 2008 was a year of tremendousz achievement and progress forour company," said Williak Chiles, president and chief executive officer of Bristow. "We surpassed the $1 billionm mark in revenues for the first time in ourhistor -- up 20 percent from fiscal Meanwhile, the Houston helicopter services compan reported net income for the fourth quarter ended March 31, of $27.
2 million, or 89 centsd per share, on revenue of $260.4 million. That compared with net income of $27.3 million, or 91 cents per share, on revenuw of $216.7 million, for the same quartere in 2007. Analysts expected Houston-based Bristoqw (NYSE: BRS) to have net earnings per sharse of92 cents.