VAL Q1 2020 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q1 2020 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$457M+12.5% YoY

Gross Profit

-$19M-4.2% margin

Operating Income

-$3.1B-668.4% margin

Net Income

-$3.0B-658.4% margin

EPS (Diluted)

$-32.64

QoQ Revenue Growth

-10.8%

Cash Flow

Operating Cash Flow

-$204M

Free Cash Flow

-$241M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.0B

Total Liabilities

$7.7B

Stockholders' Equity

$6.3B

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$457M	$406M	+12.5%
Gross Profit	-$19M	$73M	-126.5%
Operating Income	-$3.1B	-$81M	-3653.8%
Net Income	-$3.0B	-$190M	-1478.9%

Revenue Segments

Jackups Member

$213M36%

Floaters

$180M30%

ARO

$140M24%

Other Segments

$64M11%