TechnipFMC plc Q3 Profit Declines 42%

(RTTNews) - TechnipFMC plc (FTI) released earnings for third quarter that retreated from last year.

The company said its bottom line declined to $184 million, or $0.39 per share. This was down from $317 million, or $2.51 per share, in last year's third quarter.

The company said revenue for the quarter rose 73.9% to $4.14 billion. This was up from $2.38 billion last year.

TechnipFMC plc earnings at a glance:

-Earnings (Q3): $184 Mln. vs. $317 Mln. last year. -Earnings Decline (Y-o-Y): -42.0% -EPS (Q3): $0.39 vs. $2.51 last year. -EPS Decline (Y-o-Y): -84.5% -Revenue (Q3): $4.14 Bln vs. $2.38 Bln last year. -Revenue Change (Y-o-Y): 73.9%