霍恩贝克离岸服务公司(HOS.US)重启IPO，破产重整后业绩亮眼

Core Viewpoint - Hornbeck Offshore Services (HOS.US) has shown significant financial improvement due to a favorable offshore supply vessel (OSV) market, with a revenue increase of 14% to $546 million for the nine months ending September 30, 2025 [1][2] Financial Performance - Revenue for the twelve months ending September 30, 2025, reached $517 million [2] - Gross margin expanded by 570 basis points to 49% driven by rising average day rates and improved utilization [1] - Adjusted EBITDA increased by 42% to $224.2 million, with an adjusted EBITDA margin improvement of 826 basis points to 41% [1] Market Position - Hornbeck operates one of the largest and highest-specification fleets of OSVs and multi-purpose support vessels (MPSVs) in the industry, currently managing 74 vessels, with approximately 85% being high-spec or ultra-high-spec [1] Company Background - Hornbeck Offshore Services was established in 1997 and was listed on the New York Stock Exchange in 2004, later delisting in 2019 to trade over-the-counter [2] - The company filed for Chapter 11 bankruptcy protection in June 2020 and completed its restructuring plan in September 2021 [2] - The company plans to relist on the New York Stock Exchange under the ticker HOS, with several financial institutions acting as joint bookrunners for the offering [2]