Teekay Reports Mixed Quarterly Financials

Teekay (TK) has released an update.

Teekay Corporation reported a decrease in quarterly revenues from $395.4 million in 2023 to $326.1 million in 2024, with net income for shareholders standing at $33.8 million for the second quarter of 2024. This represents a slight decrease from the $40.3 million reported in the same period the previous year. Basic and diluted income per share also saw a reduction, indicating a mixed financial performance for the company.

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