February 12, 2018 / 11:14 AM / 10 months ago

Rig contractor Diamond Offshore posts quarterly loss

Feb 12 (Reuters) - Rig contractor Diamond Offshore Drilling Inc posted a quarterly loss compared with a profit a year ago, when the company gained 26 cents per share from a contract dispute settlement.

The company reported a net loss of $32 million, or 23 cents per share, for the fourth quarter, compared with a profit of $116.1 million, or 85 cents per share, a year earlier.

Total revenue fell nearly 12 percent to $346.21 million. (Reporting by John Benny in Bengaluru; Editing by Maju Samuel)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below