earnings
confidence high
sentiment positive
materiality 0.80
Bristow posts Q1 net income of $4M; wins £1.6B UK SAR contract; acquires BIH for £10.4M
Bristow Group Inc.
2023-Q2 EPS reported
-$0.01
revenue$589,136,000
- Net income $4.0M ($0.14 EPS) vs net loss of $4.3M in prior quarter; total revenues $301.7M.
- Awarded £1.6 billion 10-year UKSAR2G contract by Maritime and Coastguard Agency.
- Acquired British International Helicopter Services for £10.4M; approved new $40M stock repurchase.
- Signed long-term AW139 maintenance agreements with Leonardo and Pratt & Whitney; aggregate buy-in ~$55M.