Bristow Q1 2023 net loss narrows to $1.5M on revenue of $302M

Bristow Group Inc.

2023-Q1 EPS reported -$0.05 revenue$302,022,000

Net loss of $1.5M ($0.05/diluted share) vs. net loss of $7.0M ($0.25) in Q4 2022.
Operating revenue $292.9M, down from $304.3M in prior quarter; total revenue $302.0M.
Adjusted EBITDA (ex-special items, asset dispositions & FX losses) $28.9M vs. $36.3M.
Unrestricted cash $198.4M; total liquidity $274.9M as of March 31, 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Bristow Group Inc. reported the quarter ended March 31, 2023 results: revenue $302.0 million, net income $1.5 million, EPS $0.05 per diluted share.

Period: the quarter ended March 31, 2023
Revenue: $302.0 million
Net income: $1.5 million
EPS: $0.05 per diluted share
Result: reported results

Exact text from the filing

BRISTOW GROUP REPORTS FIRST QUARTER 2023 RESULTS Houston, Texas May 3, 2023 • Total revenues of $302.0 million for the quarter ended March 31, 2023 compared to $313.6 million for the quarter ended December 31, 2022 • Net loss of $1.5 million, or $0.05 per diluted share, for the quarter ended March 31, 2023 compared to net loss of $7.0 million, or $0.25 per diluted share, for the quarter ended December 31, 2022

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Source: SEC EDGAR

accession 0001525221-23-000022

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