VAL Q3 2017 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q3 2017 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$460M-16.1% YoY

Gross Profit

$174M37.9% margin

Operating Income

$36M7.8% margin

Net Income

-$25M-5.5% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$89M

Free Cash Flow

-$53M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$13.7B

Total Liabilities

$5.5B

Stockholders' Equity

$8.2B

Cash & Equivalents

$724M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$460M	$548M	-16.1%
Gross Profit	$174M	$250M	-30.3%
Operating Income	$36M	$115M	-69.0%
Net Income	-$25M	$85M	-129.8%

Revenue Segments

Operating Segments Total Member

$460M50%

Floaters

$292M32%

Jackups Member

$153M17%

Other Segments

$15M2%

Geographic Segments

ANGOLA

$119M29%

Other Geographic Areas

$104M25%

EGYPT

$54M13%

BRAZIL

$51M12%

AUSTRALIA

$49M12%

Us Gulf Of Mexico

$35M8%