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Stock impact report

TechnipFMC's Q3 Earnings Beat, Revenues Rise Year Over Year [Yahoo! Finance]

TechnipFMC plc Ordinary Share (FTI) 
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.technipfmc.com
Company Research Source: Yahoo! Finance
Moreover, the bottom line increased from the year-ago quarter's reported profit of 21 cents. This improvement was due to better-than-expected performances from the Subsea and Surface Technologies segments. Revenues of $2.3 billion marginally beat the Zacks Consensus Estimate by 0.5%. The top line also increased from the year-ago quarter's reported figure of $2.1 billion. Adjusted EBITDA for the Subsea unit totaled $371 million, which beat the Zacks Consensus Estimate of $360 million. The same for the Surface Technologies unit came in at $49.1 million, which also beat the consensus mark of $46.11 million. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar FTI's third-quarter inbound orders increased 29.8% from the year-ago period's level to $2.8 billion. The company's backlog rose at the same time. TechnipFMC's order backlog totaled $14.7 billion as of September-end, up 11.1% from the year-ago quarter. In the quarter, the company repurchased 3 million of Show less Read more
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