TechnipFMC posts smaller profit, revenues

Oilfield services provider TechnipFMC recorded a decrease in both profit and revenues during the second quarter of 2018 compared to the last year’s quarter while at the same time recording the largest quarterly inbound to date for the company. 

TechnipFMC informed on Wednesday that the total company net income was $105.7 million in 2Q 2018, a decrease of 35.9% compared to the same period last year and net income of $164.9 million. These results included after-tax charges and credits of $26.1 million.

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