Oilfield services provider TechnipFMC saw its revenue for the fourth quarter 2017 fall to $3,6 billion, a 15.9 percent compared to $4,38 billion in the fourth quarter of 2016. Net loss for the quarter deepened to $153,9 million, versus $100,6 million a year ago.
Adjusted EBITDA, which excludes charges and credits, was $573.1 million, an increase of 9 percent from the prior year despite the 16 percent decline in revenue. Adjusted EBITDA margin was 15.6 percent, an increase of 360 basis points from the prior year.
Brazil Energy Insight 
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