Tuesday, April 30, 2024 10:36:15 AM
RIG 5.27 down .545 (-9.36%) on below ave volume 8:36 am MT on Earnings...
Transocean Swings to Q1 Earnings, Revenue Increases
05:12 AM EDT, 04/30/2024 (MT Newswires) -- Transocean (RIG) reported Q1 earnings of $0.11 per share, swinging from a loss of $0.64 a year earlier.
Analysts polled by Capital IQ expected a loss of $0.17.
Contract drilling revenue for the quarter ended March 31 was $763 million, up from $649 million a year earlier.
Analysts surveyed by Capital IQ expected $779.9 million.
Transocean Swings to Q1 Earnings, Revenue Increases
05:12 AM EDT, 04/30/2024 (MT Newswires) -- Transocean (RIG) reported Q1 earnings of $0.11 per share, swinging from a loss of $0.64 a year earlier.
Analysts polled by Capital IQ expected a loss of $0.17.
Contract drilling revenue for the quarter ended March 31 was $763 million, up from $649 million a year earlier.
Analysts surveyed by Capital IQ expected $779.9 million.
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