StockNews.AI
FTI
StockNews.AI
173 days

TechnipFMC Announces Fourth Quarter 2024 Results

1. FTI reports Q4 2024 revenue growth of 13.9% year-over-year. 2. Net income decreased by 18% compared to Q3 2024.

Earnings
+4.55%Current Return
VS
-1.98%S&P 500
$27.8902/27 06:49 AM EDTEvent Start
$29.1602/28 01:19 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

Despite a quarterly net income drop, strong revenue growth signals positive momentum. Historically, strong revenue has led to improved stock performance for FTI.

How important is it?

Revenue growth outweighs net income drop, indicating underlying business strength. Investors may focus on overall performance highlights despite quarterly fluctuations.

Why Short Term?

The immediate earnings impact suggests possible stock fluctuations. Investors react quickly to quarterly results, influencing price in the near term.

Related Companies

SLBHALBKR
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) today reported fourth quarter 2024 results. Summary Financial Results from Continuing Operations - Fourth Quarter 2024 Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.     Three Months Ended Change (In millions, except per share amounts) Dec. 31, 2024 Sep. 30, 2024 Dec. 31, 2023 Sequential Year-over Year Revenue $2,367.3 $2,348.4 $2,077.7 0.8% 13.9% Net income $224.7 $274.6 $53.0 (18.

Related News