VAL Q3 2018 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q3 2018 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$431M-6.4% YoY

Gross Profit

$104M24.1% margin

Operating Income

-$42M-9.7% margin

Net Income

-$145M-33.7% margin

EPS (Diluted)

$-1.34

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

-$64M

Free Cash Flow

-$111M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$5.9B

Stockholders' Equity

$8.3B

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$431M	$460M	-6.4%
Gross Profit	$104M	$174M	-40.5%
Operating Income	-$42M	$36M	-217.0%
Net Income	-$145M	-$25M	-470.9%

Revenue Segments

Operating Segments Total Member

$431M50%

Floaters

$242M28%

Jackups Member

$173M20%

Other Segments

$16M2%