HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Borr Drilling Ltd. (BORR) on Tuesday reported a second-quarter loss of $241.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 79 cents. Losses, adjusted to extinguish debt, were 22 cents per share.
The oilfield services company posted revenue of $232.3 million in the period.
The company’s shares closed at $4.26. A year ago, they were trading at $2.21.
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