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Stock impact report

Bristow Group Inc (VTOL) Q3 2024 Earnings Call Highlights: Strong Cash Flow Surge Amid Rising Costs [Yahoo! Finance]

Bristow Group, Inc. (VTOL) 
Company Research Source: Yahoo! Finance
Operating Revenues: Increased by $3.9 million due to higher utilization and favorable foreign exchange impacts. Operating Expenses: Increased by $16.3 million, driven by higher operating personnel costs and maintenance expenses. General and Administrative Expenses: Decreased by $2 million due to lower professional service fees. Operating Cash Flows: $66 million, a 96% increase from the preceding quarter's $34 million. Available Liquidity: $260 million as of September 30, 2024. Adjusted EBITDA Guidance for 2024: Raised to $220 million to $230 million. Warning! GuruFocus has detected 4 Warning Signs with VTOL. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Bristow Group Inc ( NYSE:VTOL ) raised its adjusted EBITDA guidance for full year 2024 to $220 million to $230 million, indicating strong financial performance. The company reported a 96% increase in operating cash flows, illustra Show less Read more
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