Bristow Q2 FY23 net income $16.5M ($0.58 EPS) vs $4.0M in Q1; revenue $307.3M

Bristow Group Inc.

2023-Q3 EPS reported $0.56 revenue$896,406,000

Net income $16.5M ($0.58 diluted EPS) vs $4.0M ($0.14) in prior quarter.
Total revenues $307.3M, up from $301.7M sequentially; operating revenues $299.4M.
Adjusted EBITDA (ex-special items, asset dispositions, FX gains) $33.9M vs $37.1M prior quarter.
Unrestricted cash $199.5M; total liquidity $251.2M at Sep 30, 2022.
Company issued CY2023 outlook; details in Nov 3 investor presentation.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bristow Group Inc. reported second quarter fiscal year 2023 results: revenue $307.3 million, net income $16.5 million, EPS $0.58 per diluted share. Guidance initiated.

Period: second quarter fiscal year 2023
Revenue: $307.3 million
Net income: $16.5 million
EPS: $0.58 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

Total revenues of $307.3 million in Q2 FY23 compared to $301.7 million in Q1 FY23 • Net income of $16.5 million, or $0.58 per diluted share, in Q2 FY23 compared to net income of $4.0 million, or $0.14 per diluted share, in Q1 FY23

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Source: SEC EDGAR

accession 0001525221-22-000044

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