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This was in comparison with net income of USD11.9m or USD0.83 per diluted share in the second quarter of 2008.
Revenues for the quarter were USD79.1m, as compared with revenues of USD117.9m in the second quarter of 2008.
The company had a revenue backlog of USD159.2m and a labour backlog of approximately 1.8 million man-hours remaining to work, which consist of work remaining at 30 June 2009 and commitments received through 24 July 2009.
Gulf Island is a fabricator of offshore drilling and production platforms, hull and/or deck sections of floating production platforms and other specialised structures.
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