Bristow Group Inc. reported a net loss of $14.2 million, or $0.50 per diluted share, for its fiscal first quarter ended June 30, 2021, on operating revenues of $288.4 million. Adjusted EBITDA excluding gains or losses on asset dispositions was $40.0 million in the current quarter.
Total revenues reached $300.6 million in Q1 FY22, compared to $293.3 million in Q4 FY21.
Net loss was $14.2 million, or $0.50 per diluted share, in Q1 FY22, compared to $42.6 million, or $1.47 per diluted share, in Q4 FY21.
EBITDA adjusted to exclude special items and asset dispositions was $40.0 million in Q1 FY22, compared to $30.5 million in Q4 FY21.
Adjusted Free Cash Flow excluding Net Capex was $38.7 million in Q1 FY22.
No forward guidance was provided in the press release.
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