Thursday, November 10, 2011

Deep Down Reports Third Quarter 2011 Results

-- Net Income of $606 thousand -- Comparable Revenues increase 12 percent to $8.6 million -- Comparable Modified EBITDA increases $290 thousand HOUSTON, Nov. 10, 2011 /PRNewswire/ -- Deep Down, Inc. (OTC QB: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today reported $606 thousand of net income for the third quarter of 2011, an improvement of $5.0 million, or greater than 800 percent...continued
     

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