earnings
confidence high
sentiment positive
materiality 0.75
TechnipFMC Q3 2023 Subsea inbound orders $1.8B; raises full-year guidance above midpoint
TechnipFMC plc
2023-Q3 EPS reported
$0.01
revenue$5,746,500,000
- Subsea inbound orders of $1.8 billion in Q3; Subsea backlog of $12.1 billion.
- Cash flow from operations of $222 million; free cash flow of $178 million.
- Operating results for both segments now expected above midpoint of full-year guidance.
- Subsea inbound over next five quarters expected to approach $11 billion.