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What Were TechnipFMC’s Earnings Drivers in 1Q18?

Alex Chamberlin
What Were TechnipFMC’s Earnings Drivers in 1Q18?

TechnipFMC (FTI) released its 1Q18 financial results on May 9. From 1Q17 to 1Q18, the Subsea segment’s revenue decreased 14%, while the Onshore/Offshore segment decreased 10.8% fall. The Surface Technologies segment’s revenue rose 49% during the same period.