HLX Q3 2022 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q3 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$273M+50.8% YoY

Gross Profit

$39M14.4% margin

Operating Income

$12M4.5% margin

Net Income

-$19M-6.9% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+67.6%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$22M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$874M

Stockholders' Equity

$1.5B

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$273M	$181M	+50.8%
Gross Profit	$39M	$3M	+1207.2%
Operating Income	$12M	-$10M	+218.3%
Net Income	-$19M	-$19M	+1.5%

Revenue Segments

Well Intervention

$144M66%

Robotics

$56M26%

Production Facilities

$18M8%