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0.000918580375782965 0 0.00313152400835085 0.00313152400835085 0.00208768267223378 0.00521920668058463 0.00574112734864298 0.00313152400835085
Stock impact report

Helix (HLX) Q3 2025 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Helix Energy Solutions Group, Inc. (HLX) 
Last helix energy solutions group, inc. earnings: 4/22 06:15 pm Check Earnings Report
Chief Operating Officer — Scott Sparks Chief Financial Officer — Erik Staffeldt General Counsel — Kenneth Neikirk Vice President, Commercial — Daniel Stewart Investor Relations Manager — Brent Arriaga TAKEAWAYS Revenue -- $377 million, up from $302 million in the prior quarter. Net Income -- $22 million, compared to a net loss of $3 million sequentially from Q2 2025. Adjusted EBITDA -- $104 million delivered, the highest level since 2014. Operating Cash Flow -- Positive at $24 million, generating free cash flow of $23 million. Liquidity -- $430 million at quarter-end, including $338 million in cash and equivalents plus $94 million in ABL facility availability. Funded Debt -- $315 million, resulting in negative net debt of $31 million. Contract Backlog -- Secured a new 3-year contract with a 150-day minimum commitment for key Gulf of America assets, and a 4-year agreement with NKT for maintenance and operation of the T3600 trencher. Brazil Well Intervention U Show less Read more
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