earnings
confidence high
sentiment positive
materiality 0.75
TechnipFMC Q2 2024: Record backlog $13.9B, guidance raised, Subsea orders $2.8B
TechnipFMC plc
2024-Q2 EPS reported
$0.78
revenue$4,367,600,000
- Subsea inbound orders of $2.8B; book-to-bill of 1.4x; total Company backlog record $13.9B.
- Cash flow from operations of $231M; free cash flow of $180M.
- Full-year financial guidance increased due to strong operational performance.
- Press release contains full GAAP results; key metrics show operational strength.