HMH Holding Inc (HMH) (Q3 2026) Earnings Call Highlights: Floater Activity Set to Jump
HMH Holding Inc (HMH) reported Q3 2026 revenue of $171M, flat QoQ, and adjusted EBITDA down 3% YoY. Total orders were $191M, up 12% YoY. The company expects 10-25% YoY increase in key floater activity in 2027, with 85% of base case activity supported by firm backlog. Full-year 2026 adjusted EBITDA guidance was revised down to $135-140M. The acquisition of Deepwater Riser Services expands HMH's aftermarket capabilities. North American land business shows significant growth.


