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Mar 31, 2024
Bristow Q1 2024 Earnings Report
Reported strong first quarter results, affirmed full-year 2024 financial guidance, and issued 2025 financial outlook and set financial targets for 2026.
Key Takeaways
Bristow Group reported net income attributable to the Company of $6.6 million, or $0.23 per diluted share, for its quarter ended March 31, 2024, on operating revenues of $329.4 million. Adjusted EBITDA was $47.5 million in the Current Quarter.
Total revenues of $337.1 million in Q1 2024 compared to $337.9 million in Q4 2023
Net income of $6.6 million, or $0.23 per diluted share, in Q1 2024 compared to net loss of $7.9 million, or $0.28 per diluted share, in Q4 2023
EBITDA adjusted to exclude special items, asset dispositions and foreign exchange gains (losses) was $47.5 million in Q1 2024 compared to $46.0 million in Q4 2023
Affirmed 2024 outlook, issued 2025 financial outlook and set 2026 targets
Bristow
Bristow
Bristow Revenue by Segment
Revenue by Segment
Offshore Energy Services Revenue
CapyFin.comGovernment Services Revenue
CapyFin.com Forward Guidance
Bristow issued financial outlook for 2025 and set financial targets for 2026.
Revenue & Expenses
Visualization of income flow from segment revenue to net income