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TechnipFMC Announces First Quarter 2021 Results

TechnipFMC plc (NYSE: FTI) reported first quarter 2021 results, showcasing a revenue increase of 3.1% to $1,632.0 million from $1,582.6 million in Q1 2020.

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Regulatory News:

TechnipFMC plc (NYSE: FTI) (Paris: FTI) today reported first quarter 2021 results.

Summary Financial Results from Continuing Operations

Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.

Three Months Ended

(In millions, except per share amounts)

March 31,

2021

March 31,

2020

Change

Revenue

$1,632.0

$1,582.6

3.1%

Income (loss)

$430.3

$(3,234.8)

n/m

Diluted earnings (loss) per share

$0.95

$(7.23)

n/m

 

 

 

 

Adjusted EBITDA

$165.2

$79.7

107.3%

Adjusted EBITDA margin

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