Gulf Island Fabrication, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 62.17 million compared to USD 28.69 million a year ago. Net income was USD 0.641 million compared to net loss of USD 5.03 million a year ago.

Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.32 a year ago.