TechnipFMC (FTI) Misses Q3 EPS by 6c

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TechnipFMC Announces Third Quarter 2022 Results

October 26, 2022 4:15 PM EDT

Subsea inbound of $1.4 billion supports full-year outlook for orders to approach $7 billion Surface Technologies inbound of $449 million driven by Middle East; book-to-bill of 1.4 Cash provided by operating activities of $212 million; free cash flow of $181 million Repurchased $50 million of ordinary shares following $400 million authorization in July

NEWCASTLE & HOUSTON--(BUSINESS WIRE)-- TechnipFMC plc (NYSE: FTI) (the Company or TechnipFMC) today reported third quarter 2022 results.

Summary Financial Results from Continuing Operations
Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial... More