HLX Q2 2024 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$365M+18.1% YoY

Gross Profit

$75M20.7% margin

Operating Income

$53M14.6% margin

Net Income

$32M8.9% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+23.2%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$365M	$309M	+18.1%
Gross Profit	$75M	$55M	+36.4%
Operating Income	$53M	$20M	+163.3%
Net Income	$32M	$7M	+354.8%

Revenue Segments

Renewables

$50M95%

Service, Other

$3M5%