VAL Q2 2018 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q2 2018 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$459M+0.2% YoY

Gross Profit

$114M24.9% margin

Operating Income

-$33M-7.1% margin

Net Income

-$151M-32.9% margin

EPS (Diluted)

$-1.32

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

-$58M

Free Cash Flow

-$120M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$14.3B

Total Liabilities

$5.9B

Stockholders' Equity

$8.4B

Cash & Equivalents

$486M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$459M	$458M	+0.2%
Gross Profit	$114M	$166M	-31.3%
Operating Income	-$33M	$28M	-217.3%
Net Income	-$151M	-$46M	-231.9%

Revenue Segments

Operating Segments Total Member

$459M50%

Floaters

$285M31%

Jackups Member

$159M17%

Other Segments

$15M2%

Geographic Segments

Other Geographic Areas

$147M36%

AUSTRALIA

$80M20%

ANGOLA

$72M18%

Us Gulf Of Mexico

$60M15%

BRAZIL

$46M11%