earnings
confidence high
sentiment positive
materiality 0.72
Helix Q3 net income $22.1M ($0.15 EPS), Adj. EBITDA $103.7M; raises FY2025 guidance
HELIX ENERGY SOLUTIONS GROUP INC
2025-Q3 EPS
reported $0.15
vs consensus $0.18
▼ miss
(-17.9%)
- Net income $22.1M ($0.15 diluted EPS) vs Q2 loss $2.6M; Adj. EBITDA $103.7M, highest quarterly since 2014.
- Revenue $377M, up 25% QoQ; Shallow Water Abandonment rev +47%, Well Intervention +23%, Robotics +16%.
- FY2025 Adj. EBITDA guidance raised to $240-270M; FCF guided $100-140M; net debt negative $30.6M.
- Well Intervention vessel utilization 76% (72% Q2); Seawell remained warm stacked; Q4000 docking incurred.
- Signed four-year Robotics contract in North Sea and Well Intervention contract in Gulf of America (min 150 days).