VAL Q1 2017 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q1 2017 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$471M-42.1% YoY

Gross Profit

$193M41.0% margin

Operating Income

$58M12.3% margin

Net Income

-$26M-5.5% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$104M

Free Cash Flow

-$179M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$14.0B

Total Liabilities

$5.7B

Stockholders' Equity

$8.2B

Cash & Equivalents

$272M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$471M	$814M	-42.1%
Gross Profit	$193M	$450M	-57.1%
Operating Income	$58M	$314M	-81.6%
Net Income	-$26M	$175M	-114.7%

Revenue Segments

Operating Segments Total Member

$471M50%

Floaters

$285M30%

Jackups Member

$172M18%

Other Segments

$15M2%

Geographic Segments

Other Geographic Areas

$172M39%

ANGOLA

$122M28%

AUSTRALIA

$55M12%

BRAZIL

$48M11%

Us Gulf Of Mexico

$44M10%