Bristow Group reports Q1 2024 net income of $6.6M, issues 2025 outlook

Bristow Group Inc.

2024-Q1 EPS reported $0.23 revenue$337,094,000

Total revenues of $337.1M vs $337.9M in Q4 2023 (flat sequentially).
Net income of $6.6M ($0.23 diluted EPS) vs net loss of $7.9M in prior quarter.
Adjusted EBITDA of $47.5M, up from $46.0M in Q4 2023.
Affirmed 2024 outlook, issued 2025 financial outlook, and set 2026 targets.

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 0.9

Bristow Group Inc. reported first quarter 2024 results: revenue $337.1 million, net income $6.6 million, or $0.23 per diluted share, EPS $0.23 per diluted share. Guidance reaffirmed.

Period: first quarter 2024
Revenue: $337.1 million
Net income: $6.6 million, or $0.23 per diluted share
EPS: $0.23 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

--- EX-99.1 (EX-99.1) --- PRESS RELEASE BRISTOW GROUP REPORTS FIRST QUARTER 2024 RESULTS AND ISSUES NEW FINANCIAL OUTLOOK Houston, Texas May 7, 2024 • Total revenues of $337.1 million in Q1 2024 compared to $337.9 million in Q4 2023 • Net income of $6.6 million, or $0.23 per diluted share, in Q1 2024 compared to net loss of $7.9 million, or $0.28 per diluted

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Source: SEC EDGAR

accession 0001525221-24-000037

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