FMC Technologies (FTI) Tops Q1 EPS by 4c
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FMC Technologies Reports First Quarter 2015 Diluted Earnings per Share of $0.63
April 21, 2015 4:01 PM EDTHOUSTON, April 21, 2015 /PRNewswire/ --Â FMC Technologies, Inc. (NYSE: FTI) today reported first quarter 2015 revenue of $1.7 billion, down 7 percent from the prior-year quarter as stronger Subsea Technologies performance was offset by the continued strength of the U.S. dollar and the decline in the North American land market. Â Diluted earnings per share were $0.63.Â
Total inbound orders were $969.0 million and included $552.0 million in Subsea Technologies orders. Backlog for the Company was $5.5 billion, including Subsea Technologies backlog of $4.8 billion.
"We delivered solid first quarter earnings, largely the result of the continued strength of our... More
