Reported 1 day ago
TechnipFMC (FTI) has marked its third consecutive day of gains, surging 11.76% to $37.54 per share, driven by robust earnings that saw a 44.5% increase in net income to $269.5 million for Q2. This reflects a revenue rise to $2.5 billion, and CEO Doug Pferdehirt expressed confidence in achieving a $30 billion Subsea inbound target by year-end, owing to a diverse and promising order book.
Source: YAHOO