HLX Q4 2023 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$335M+16.4% YoY

Gross Profit

$49M14.7% margin

Operating Income

$26M7.8% margin

Net Income

-$28M-8.5% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-15.3%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$91M

Stock-Based Comp.

-$600,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$332M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$335M	$288M	+16.4%
Gross Profit	$49M	$31M	+57.1%
Operating Income	$26M	-$5M	+613.0%
Net Income	-$28M	$3M	-1145.9%

Revenue Segments

Well Intervention

$211M72%

Robotics

$63M21%

Production Facilities

$19M7%