VAL Q1 2019 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q1 2019 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$406M-2.7% YoY

Gross Profit

$73M18.1% margin

Operating Income

-$81M-20.0% margin

Net Income

-$190M-46.9% margin

EPS (Diluted)

$-1.69

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$53M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$13.9B

Total Liabilities

$6.0B

Stockholders' Equity

$7.9B

Cash & Equivalents

$298M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$406M	$417M	-2.7%
Gross Profit	$73M	$92M	-20.2%
Operating Income	-$81M	-$51M	-58.5%
Net Income	-$190M	-$140M	-35.9%

Revenue Segments

Operating Segments Total Member

$406M50%

Floaters

$233M29%

Jackups Member

$157M19%

Other Segments

$16M2%