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luvgrowth

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luvgrowth

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Tuesday, 08/04/2015 11:09:28 AM

Tuesday, August 04, 2015 11:09:28 AM

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HOUSTON (AP) _ Vantage Drilling Co. (VTG) on Tuesday reported second-quarter profit of $25 million.

The Houston-based company said it had profit of 7 cents per share. Earnings, adjusted for non-recurring gains, came to 5 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The offshore drilling company posted revenue of $212.3 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $209.2 million.
http://finance.yahoo.com/news/vantage-tops-street-2q-forecasts-111848994.html
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