Bristow Group (VTOL) Misses Q1 EPS by 29c; Offers FY23 Revenue Guidance

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BRISTOW GROUP REPORTS SECOND QUARTER 2023 RESULTS

August 2, 2023 4:45 PM EDT

Total revenues of $319.4 million in Q2 2023 compared to $302.0 million in Q1 2023Net loss of $1.6 million, or $0.06 per diluted share, in Q2 2023 compared to net loss of $1.5 million, or $0.05 per diluted share, in Q1 2023EBITDA adjusted to exclude special items, asset dispositions and foreign exchange losses was $39.0 million in Q2 2023 compared to $28.9 million in Q1 2023Announced as the preferred bidder for the 670 million search and rescue contract for the Irish Coast Guard and expect to finalize the contract... More