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HLXBearishEarningsnews
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Helix Energy Solutions Group, Inc. (HLX) Q1 2024 Earnings Call Transcript

Apr 25, 2024, 4:00 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Revenues for Q1 2024 were $296 million with a gross profit of $20 million - Net loss of $26 million driven by extinguishment of convertible notes - Adjusted EBITDA was $47 million, operating cash flow of $64 million, and free cash flow of $61 million in Q1 2024 Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Revenues for Q1 2024 were $296 million with a gross profit of $20 million
  • Net loss of $26 million driven by extinguishment of convertible notes
  • Adjusted EBITDA was $47 million, operating cash flow of $64 million, and free cash flow of $61 million in Q1 2024

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