HLX Q3 2023 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$396M+45.2% YoY

Gross Profit

$81M20.4% margin

Operating Income

$36M9.2% margin

Net Income

$16M3.9% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+28.1%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$904M

Stockholders' Equity

$1.5B

Cash & Equivalents

$168M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$396M	$273M	+45.2%
Gross Profit	$81M	$39M	+105.4%
Operating Income	$36M	$12M	+196.3%
Net Income	$16M	-$19M	+182.9%

Revenue Segments

Well Intervention

$225M69%

Robotics

$76M23%

Production Facilities

$24M8%