earnings
confidence medium
sentiment neutral
materiality 0.70
TechnipFMC reports Q1 2022; Subsea inbound orders $1.9B, book-to-bill 1.5
TechnipFMC plc
2022-Q1 EPS reported
-$0.13
revenue$1,555,800,000
- Subsea inbound orders of $1.9B in Q1; book-to-bill ratio of 1.5.
- Cash and cash equivalents $1.2B; completed sale of remaining stake in Technip Energies in April.
- Targeting reduction of gross debt of up to $400M in second quarter.