HOUSTON (AP) — HOUSTON (AP) — Independent Contract Drilling Inc. (ICD) on Wednesday reported a loss of $16.7 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of $1.15. Losses, adjusted for one-time gains and costs, came to 73 cents per share.
The provider of drilling services for oil and natural gas producers posted revenue of $43.3 million in the period.
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