HLX Q1 2023 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$250M+66.6% YoY

Gross Profit

$15M6.1% margin

Operating Income

-$8M-3.3% margin

Net Income

-$5M-2.1% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-13.1%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$12M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$854M

Stockholders' Equity

$1.5B

Cash & Equivalents

$169M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$150M	+66.6%
Gross Profit	$15M	-$19M	+181.6%
Operating Income	-$8M	-$33M	+74.8%
Net Income	-$5M	-$42M	+87.7%

Revenue Segments

Well Intervention

$142M67%

Robotics

$49M23%

Production Facilities

$21M10%