Bristow Group Q4 2023 net loss $7.9M, adjusted EBITDA $46.0M; FY23 adjusted EBITDA $170.5M meets raised outlook

Bristow Group Inc.

Net loss $7.9M ($0.28 diluted EPS) in Q4 2023 vs net income $4.3M ($0.15) in Q3 2023.
Total revenues $337.9M in Q4 2023, essentially flat vs $338.1M in Q3 2023.
Adjusted EBITDA $46.0M in Q4 2023, down from $56.6M in Q3 2023.
Full year 2023 adjusted EBITDA $170.5M, achieving the upwardly revised $170M outlook.
Company affirms 2024 outlook; no specific guidance range provided.

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 0.7

Bristow Group Inc. reported financial results for full year 2023.

Period: full year 2023
Result: reported results

Exact text from the filing

Full year 2023 EBITDA adjusted to exclude special items, asset dispositions and foreign exchange gains (losses) was $170.5 million compared to the upwardly revised 2023E outlook of $170.0 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bristow Group Inc. reported the quarter ended December 31, 2023 (the "Current Quarter") results: revenue $329.6 million, net income net loss attributable to the Company of $7.9 million, or $0.28 per diluted share, EPS $0.28 per diluted share.

Period: the quarter ended December 31, 2023 (the "Current Quarter")
Revenue: $329.6 million
Net income: net loss attributable to the Company of $7.9 million, or $0.28 per diluted share
EPS: $0.28 per diluted share
Result: reported results

Exact text from the filing

Bristow Group Inc. (NYSE: VTOL) today reported net loss attributable to the Company of $7.9 million, or $0.28 per diluted share, for its quarter ended December 31, 2023 (the “Current Quarter”) on operating revenues of $329.6 million

View on SEC.gov

Browse all earnings releases →

Bristow Group Inc. filing history →

Source: SEC EDGAR

accession 0001525221-24-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.