earnings
confidence low
sentiment positive
materiality 0.60
TechnipFMC Q1 2023: Subsea inbound orders $2.5B, backlog up 13% to $10.6B
TechnipFMC plc
2023-Q1 EPS reported
$0.00
revenue$1,717,400,000
- Subsea inbound orders $2.5 billion; book-to-bill of 1.8.
- iEPCI represented more than 50% of Subsea inbound orders.
- Total Company backlog $10.6 billion, up 13% sequentially.
- Repurchased $50 million of shares in Q1; $150 million buyback completed.