HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Borr Drilling Ltd. (BORR) on Thursday reported first-quarter net income of $14.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 6 cents.
The oilfield services company posted revenue of $234 million in the period.
Borr Drilling shares have decreased 21% since the beginning of the year. The stock has fallen 20% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BORR at https://www.zacks.com/ap/BORR
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
