HOUSTON (AP) _ Helix Energy Solutions Group Inc. (HLX) on Monday reported a fourth-quarter loss of $403.9 million, after reporting a profit in the same period a year earlier.

The Houston-based company said it had a loss of $3.83 per share. Losses, adjusted for asset impairment costs, came to 6 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The offshore oil and gas services contractor posted revenue of $157.7 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $144.9 million.

For the year, the company reported a loss of $377 million, or $3.58 per share, swinging to a loss in the period. Revenue was reported as $695.8 million.

In the final minutes of trading on Monday, the company's shares hit $2.96. A year ago, they were trading at $15.90.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLX at http://www.zacks.com/ap/HLX

_____

Keywords: Helix Energy, Earnings Report