Bristow Group (VTOL) Reports Q4 Loss of $1.47/sh

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Go back to Bristow Group (VTOL) Reports Q4 Loss of $1.47/sh

Bristow Group Reports Fourth Quarter And Full Fiscal Year 2021 Results

May 26, 2021 4:37 PM EDT

HOUSTON, May 26, 2021 /PRNewswire/ --

Net loss of $42.6 million, or $1.47 per diluted share, in Q4 FY21 EBITDA adjusted to exclude special items and asset dispositions was $30.5 million in Q4 Adjusted Free Cash Flow was $54.9 million in Q4 FY21 As of March 31, 2021, unrestricted cash balance was $228.0 million with total liquidity of $284.1 million During Q4, the Company closed a private offering of $400 million aggregate principal amount of 6.875% senior secured notes and used a portion of the net proceeds, together with cash on hand, to repay certain term loans and to redeem its... More