FMC Technologies Inc. (FTI) announced a profit for first quarter that fell compared to the same period last year.
The company said its profit declined to $51 million, or $0.22 per share. This was down from $156 million, or $0.67 per share, in last year's first quarter.
The company said revenue for the quarter fell 28.8% to $1.21 billion. This was down from $1.70 billion last year.
FMC Technologies Inc. earnings at a glance:
-Earnings (Q1): $51 Mln. vs. $156 Mln. last year.-Earnings Decline (Y-o-Y): -67.3%-EPS (Q1): $0.22 vs. $0.67 last year.-EPS Decline (Y-o-Y): -67.2%-Revenue (Q1): $1.21 Bln vs. $1.70 Bln last year.-Revenue Change (Y-o-Y): -28.8%
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.