---
schema_version: "secwatch.filing_event.v1"
accession: "0001525221-23-000007"
form_type: "8-K"
ticker: "VTOL"
cik: "0001525221"
company_name: "Bristow Group Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T06:55:28.526116+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bristow Group posts net loss of $7.0M in Dec quarter; raises 2023 Adj. EBITDA guidance to $150-170M

## Summary
- Net loss of $7.0M ($0.25 diluted EPS) vs prior quarter net income of $16.5M ($0.58).
- Total revenues $313.6M, up from $307.3M sequentially.
- Adjusted EBITDA $36.3M, up from $33.9M prior quarter.
- Unrestricted cash $160.0M; total liquidity $239.7M as of Dec 31, 2022.
- 2023E guidance: Adjusted EBITDA $150-170M, higher than prior range.

## SEC filing metadata
- accession: 0001525221-23-000007
- form_type: 8-K
- ticker: VTOL
- cik: 0001525221
- company_name: Bristow Group Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1525221/000152522123000007/0001525221-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1525221/000152522123000007/vtol-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001525221-23-000007
- JSON: https://secwatch.observer/filing/0001525221-23-000007.json
- Plain text: https://secwatch.observer/filing/0001525221-23-000007.txt

## Key facts
- Earnings Releases
  Bristow Group Inc. reported quarter ended December 31, 2022 results: revenue $313.6 million, net income Net loss of $7.0 million, or $0.25 per diluted share, EPS $0.25 per diluted share. Guidance raised.
  - Period: quarter ended December 31, 2022
  - Revenue: $313.6 million
  - Net income: Net loss of $7.0 million, or $0.25 per diluted share
  - EPS: $0.25 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: RELEASE BRISTOW GROUP REPORTS DECEMBER QUARTER AND YEAR-TO-DATE 2022 RESULTS AND UPDATES OUTLOOK FOR CALENDAR YEAR 2023 Houston, Texas March 8, 2023 • Total revenues of $313.6 million for the quarter ended December 31, 2022 compared to $307.3 million for the quarter ended September 30, 2022 • Net loss of $7.0 million, or $0.25 per diluted share, for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1525221/000152522123000007/0001525221-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.