Teekay Corporation (TK) has released an update.
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Teekay Corporation’s latest financial report for the first quarter of 2024 reveals a net income of $147.8 million, a decrease from the previous year’s $169.9 million. Despite this, earnings per share for shareholders rose to $0.59 from $0.49, indicating a more profitable period for investors. The company managed to reduce its voyage and operating expenses, contributing to the overall financial performance.
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