TechnipFMC (FTI) Tops Q2 EPS by 3c

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Go back to TechnipFMC (FTI) Tops Q2 EPS by 3c

TechnipFMC Announces Second Quarter 2020 Results

July 29, 2020 4:15 PM EDT

 Strong execution despite the challenging environment in the quarter Resilient backlog of $20.6 billion; $14.9 billion scheduled for 2021 and beyond Net liquidity of $6.8 billion, an increase of $1.2 billion sequentially On track to deliver targeted cost savings that exceed $350 million by year-end Updated financial guidance for all segments; initiated free cash flow outlook U.S. GAAP diluted earnings per share was $0.03 Includes total after-tax charges, net of credits, of $0.06 per diluted share Adjusted diluted earnings per share, excluding charges and... More