Helix Q3 net income $29.5M ($0.19/diluted); backlog up >$800M on three contracts

HELIX ENERGY SOLUTIONS GROUP INC

2024-Q3 EPS reported $0.23 revenue$1,003,427,000

Revenue $342.4M, down 13% YoY; net income $29.5M vs $15.6M in Q3 2023.
Adjusted EBITDA $87.6M, down from $96.4M YoY; free cash flow $52.6M.
Well Intervention revenues fell 19% due to transit days; Robotics revenues up 12% YoY.
Hurricanes Francine/Helene caused ~$10M revenue loss in Shallow Water Abandonment.
Three new well intervention contracts added >$800M to backlog, multi-year coverage.

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