TechnipFMC(FTI)
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TechnipFMC(FTI) - 2023 Q4 - Annual Report
2024-02-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37983 TechnipFMC plc (Exact name of registrant as specified in its charter) United Kingdom 98-1283037 (State or other jurisdiction of incorporat ...
TechnipFMC (FTI) Q4 Earnings Beat, Revenues Rise Y/Y
Zacks Investment Research· 2024-02-26 15:25
TechnipFMC plc (FTI) reported fourth-quarter 2023 adjusted earnings of 14 cents per share, which beat the Zacks Consensus Estimate of 12 cents. The bottom line also improved from the year-ago quarter’s reported loss per share of 5 cents. The improvement can be attributed to better-than-expected performance in the Subsea and Surface Technologies segments.Revenues of $2.1 billion beat the Zacks Consensus Estimate by 9.9%. The top line also increased from the year-ago quarter’s reported figure of $1.7 billion. ...
TechnipFMC(FTI) - 2023 Q4 - Earnings Call Transcript
2024-02-22 19:35
Company Participants Bertrand Hodée - Kepler Cheuvreux The growth from the region will be more limited in the years ahead driven by Capital Frameworks that reward higher economic returns and increased shareholder distributions. This means that the incremental production needed to support global growth will come primarily from international markets driven by the Middle East and offshore. That said, the number of operators that have access to these attractive resources is far more limited, which brings us to ...
TechnipFMC(FTI) - 2023 Q4 - Earnings Call Presentation
2024-02-22 15:33
Q4 2023 Earnings Call Presentation | 4 Sequential revenue growth in Subsea Services; asset maintenance and ROV services offset typical seasonality Surface Technologies sequential revenue growth driven by international and NAM markets, both benefiting from higher wellhead equipment sales Subsea inbound expectations increased to $30 billion over the three-year period ending 2025 Q4 2023 Financial results • Subsea declined due to seasonal impact on vessel-based project activity and mix of projects executed fro ...
TechnipFMC(FTI) - 2023 Q4 - Annual Results
2024-02-21 16:00
Press Release | | | Three Months Ended | | Change | | | --- | --- | --- | --- | --- | --- | | (In millions, except per share amounts) | Dec. 31, | Sep. 30, | Dec. 31, | | Year-over | | | 2023 | 2023 | 2022 | Sequential | Year | | Revenue | $2,077.7 | $2,056.9 | $1,694.4 | 1.0% | 22.6% | | Income (loss) | $53.0 | $90.0 | $(26.7) | (41.1%) | n/m | | Income (loss) margin | 2.6 % | 4.4 % | (1.6 %) | (180 bps) | n/m | | Diluted earnings (loss) per share | $0.12 | $0.20 | $(0.06) | (40.0%) | n/m | | Adjusted EBIT ...
TechnipFMC(FTI) - 2023 Q3 - Earnings Call Transcript
2023-10-26 15:55
TechnipFMC plc (NYSE:FTI) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Doug Pferdehirt - Chairman and Chief Executive Officer David Anderson - Barclays Capital Kurt Hallead - The Benchmark Company Matt Seinsheimer - Senior Vice President, Investor Relations and Corporate Development Conference Call Participants Marc Bianchi - TD Cowen Arun Jayaram - J.P. Morgan Saurabh Pant - Bank of America Operator I will now turn the call over to Matt Seinsheimer, Senior Vice President, Investor Relations ...
TechnipFMC(FTI) - 2023 Q3 - Earnings Call Presentation
2023-10-26 11:36
Added 2023 Full-year financial guidance1 As of February 23, 2023 Change in Scope Value Q3 2023 Cash flow and net debt Q3 2023 Earnings Call Presentation | 10 Diluted earnings per share from continuing operations attributable to TechnipFMC plc, as reported $ 0.20 Adjusted diluted earnings per share from continuing operations attributable to TechnipFMC plc $ 0.21 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES Free cash flow (deficit) from continuing operations, is a non-GAAP financial measure and is de ...
TechnipFMC(FTI) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ . Commission File Number: 001-37983 TechnipFMC plc (Exact name of registrant as specified in its charter) United Kingdom 98-1283037 (State or other ju ...
TechnipFMC(FTI) - 2023 Q2 - Earnings Call Transcript
2023-07-27 16:11
TechnipFMC plc (NYSE:FTI) Q2 2023 Results Conference Call July 27, 2023 8:30 AM ET Conference Call Participants Thank you for holding, and welcome everyone to the TechnipFMC Second Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. [Operator Instructions] Thank you. Matt Seinsheimer - Senior Vice President, Investor Relations and Corporate Development Douglas Pferdehirt - Chairma ...
TechnipFMC(FTI) - 2023 Q2 - Quarterly Report
2023-07-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 United Kingdom 98-1283037 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Subsea Lane Houston, Texas United States of America 77044 (Addresses of ...