FMC Technologies Inc. Profit Falls 46% In Q4

(RTTNews) - FMC Technologies Inc. (FTI) revealed earnings for fourth quarter that declined from last year.

The company said its profit came in at $107 million, or $0.46 per share. This was down from $198 million, or $0.84 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 33.8% to $1.43 billion. This was down from $2.16 billion last year.

FMC Technologies Inc. earnings at a glance:

-Earnings (Q4): $107 Mln. vs. $198 Mln. last year. -Earnings Decline (Y-o-Y): -46.0% -EPS (Q4): $0.46 vs. $0.84 last year. -EPS Decline (Y-o-Y): -45.2% -Revenue (Q4): $1.43 Bln vs. $2.16 Bln last year. -Revenue Change (Y-o-Y): -33.8%