earnings
confidence medium
sentiment positive
materiality 0.70
TechnipFMC Q3 2022: Subsea orders $1.4B, Surface book-to-bill 1.4, free cash flow $181M
TechnipFMC plc
2022-Q3 EPS reported
-$0.16
revenue$5,006,000,000
- Subsea inbound orders of $1.4B in Q3; full-year order outlook now expected to approach $7B.
- Surface Technologies inbound orders $449M, book-to-bill ratio of 1.4, driven by Middle East.
- Cash from operations $212M; free cash flow $181M in Q3 2022.
- Repurchased $50M of ordinary shares under $400M authorization announced in July.