FMC Technologies Inc. Bottom Line Falls 57% In Q2

(RTTNews) - FMC Technologies Inc. (FTI) revealed earnings for second quarter that decreased from last year.

The company said its profit declined to $49 million, or $0.22 per share. This was down from $115 million, or $0.49 per share, in last year's second quarter.

The company said revenue for the quarter fell 32.4% to $1.15 billion. This was down from $1.70 billion last year.

FMC Technologies Inc. earnings at a glance:

-Earnings (Q2): $49 Mln. vs. $115 Mln. last year. -Earnings Decline (Y-o-Y): -57.4% -EPS (Q2): $0.22 vs. $0.49 last year. -EPS Decline (Y-o-Y): -55.1% -Revenue (Q2): $1.15 Bln vs. $1.70 Bln last year. -Revenue Change (Y-o-Y): -32.4%