Jul. 24 at 11:31 AM
$FTI TechnipFMC beats by
$0.10, beats on revs (33.59 +1.17)
Reports Q2 (Jun) earnings of
$0.68 per share, excluding non-recurring items,
$0.10 better than the FactSet Consensus of
$0.58; revenues rose 9.0% year/year to
$2.53 bln vs the
$2.48 bln FactSet Consensus.
Total Company backlog increased to
$16.6 billion; Subsea of
$15.8 billion.
2025 Guidance: Sees Subsea revenue of
$8.4-
$8.8 bln, Adjusted EBITDA margin in a range of 19 - 20%; Sees Surface Technologies revenue of
$1.2-
$1.35 bln, adjusted EBITDA margin of 15-16%.
