Thu. 25 Jul 2024, 6:51am ET
Benzinga
Earnings, News, Guidance
2024 Full-Year Financial Guidance1
The Company's full-year financial guidance for 2024 can be found in the table below. Updates to the previous guidance issued on February 22, 2024 are as follows:
- Subsea revenue in a range of $7.6 - 7.8 billion, which increased from the previous guidance range of $7.2 - 7.6 billion.
- Subsea adjusted EBITDA margin in a range of 16.5 - 17%, which increased from the previous guidance range of 15.5 - 16.5%.
- Free cash flow in a range of $425 - 575 million, which increased from the previous guidance range of $350 - 500 million.