09:42 AM EDT, 04/25/2024 (MT Newswires) -- TechnipFMC's ( FTI ) shares rose more than 2% in recent early Thursday trading after the company reported Q1 adjusted earnings of $0.22 per diluted share, compared with $0.00 a year earlier.

Analysts surveyed by Capital IQ expected $0.16.

Revenue for the quarter ended March 31 was $2.04 billion, compared with $1.72 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.98 billion.

The company also maintained its guidance for 2024 revenue of $7.2 billion to $7.6 billion from its subsea segment and $1.2 billion to $1.35 billion from its surface technologies segment.

Price: 26.27, Change: +0.55, Percent Change: +2.14