McDermott (MDR) Tops Q4 EPS by 6c, Revenue Misses, Offers Guidance

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Go back to McDermott (MDR) Tops Q4 EPS by 6c, Revenue Misses, Offers Guidance

McDermott Reports Fourth Quarter and Full Year 2017 Financial and Operational Results

February 21, 2018 7:30 AM EST

Exceptional Order Intake of $2.2B in the Fourth Quarter Results in Backlog of $3.9B Coupled with Significant Increase in Revenue Opportunity Pipeline

One McDermott Way Drives Continued Excellent Operational Performance Leading to Over 60% Adjusted Operating Income Increase for the Full Year 2017

2017 Strategic Initiatives Position McDermott for Growth

Strong Balance Sheet with Cash of $408M and Low Net Debt

2018 Guidance Reflects Continued Strength of Our Business Ahead of Proposed Combination with CB&I

Company to Host Conference Call and Webcast... More