AI brief of an SEC Form 8-K · Bristow Group (VTOL)

Bristow Group raises 2024 outlook as Q2 net income rises to $28.2 million

Positive Impact 4 of 5 earnings Written later

Bristow Group reported second quarter 2024 total revenues of $359.7 million and net income of $28.2 million, or $0.96 per diluted share, up from $337.1 million and $6.6 million, or $0.23 per diluted share, in the first quarter. The company raised its 2024 Adjusted EBITDA outlook to $210 million to $230 million from $190 million to $220 million, and its 2025 outlook to $230 million to $260 million from $210 million to $245 million.

Key points

  • Q2 2024 total revenues were $359.7 million, compared with $337.1 million in Q1 2024.
  • Q2 2024 net income was $28.2 million, or $0.96 per diluted share, compared with $6.6 million, or $0.23 per diluted share, in Q1 2024.
  • Adjusted EBITDA excluding asset dispositions and foreign exchange was $71.3 million, compared with $47.5 million in Q1 2024.
  • As of June 30, 2024, total liquidity was $246.4 million, including $178.6 million of unrestricted cash.

The filing

CompanyBristow Group (VTOL)
Form8-K, current report
Filed with the SECAug 6, 2024, 4:44 PM ET
Accession number0001525221-24-000058

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.