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Oceaneering sees FY23 adjusted EBITDA $275M-$295M
The Fly

Oceaneering sees FY23 adjusted EBITDA $275M-$295M

For the full year of 2023, Oceaneering expects to generate adjusted EBITDA within the narrowed range of $275 million to $295 million. Revised guidance range for organic capital expenditures is $95 million to $105 million and revised guidance range for cash income tax payments is $70 million to $75 million. Oceaneering’s guidance for positive free cash flow generation remains in the range of $90 million to $130 million for the full year of 2023.

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