TechnipFMC Sees Profit Fall Despite Revenue Increase

TechnipFMC has reported third-quarter 2019 profit of $22 million or 5 cents per diluted share.

The services major has seen an 84 percent decrease compared to net profit of $137 million same time last year. The results were affected by after-tax charges and credits totaling $32.6 million of expense, or $0.07 per diluted share.

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