HLX Q3 2024 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q3 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$342M-13.5% YoY

Gross Profit

$66M19.2% margin

Operating Income

$45M13.0% margin

Net Income

$30M8.6% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$52M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.1B

Stockholders' Equity

$1.6B

Cash & Equivalents

$324M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$342M	$396M	-13.5%
Gross Profit	$66M	$81M	-18.5%
Operating Income	$45M	$36M	+23.2%
Net Income	$30M	$16M	+89.7%

Revenue Segments

Renewables

$43M90%

Service, Other

$5M10%