Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Helix Energy Solutions Group and more

In today’s briefing:

  • Helix Energy Solutions: Expanding Robotics Segment For Unmatched Impact! – Major Drivers


Helix Energy Solutions: Expanding Robotics Segment For Unmatched Impact! – Major Drivers

By Baptista Research

  • Helix Energy Solutions Group delivered solid third-quarter 2024 financial results marked by a combination of robust performance in key segments and some challenges.
  • The company’s revenue for the quarter was $342 million, with a gross profit of $66 million and net income of $29.5 million.
  • The adjusted EBITDA was reported at $88 million, and they generated a free cash flow of $53 million, indicative of strong cash management with available liquidity at $399 million.

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