Helix Energy Solutions GAAP EPS of -$0.28 misses by $0.09, revenue of $150.13M beats by $6.02M

Apr. 26, 2022 12:18 AM ETHelix Energy Solutions Group, Inc. (HLX)By: Meghavi Singh, SA News Editor
  • Helix Energy Solutions press release (NYSE:HLX): Q1 GAAP EPS of -$0.28 misses by $0.09.
  • Revenue of $150.13M (-8.1% Y/Y) beats by $6.02M.
  • Helix reported adjusted EBITDA of $2.5M for the first quarter 2022 compared to $8.8M for the fourth quarter 2021 and $36.2M for the first quarter 2021.
  • Free Cash Flow was $(18.0) million in the first quarter 2022 compared to $17.9 million during the prior quarter and $38.5 million during the first quarter 2021.

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