HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Borr Drilling Ltd. (BORR) on Wednesday reported fourth-quarter profit of $26.3 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 10 cents.
The oilfield services company posted revenue of $263.1 million in the period.
For the year, the company reported profit of $82.1 million, or 32 cents per share. Revenue was reported as $1.01 billion.
In the final minutes of trading on Wednesday, the company’s shares hit $2.98. A year ago, they were trading at $6.30.
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