Categories Earnings, Energy

Diamond Offshore Drilling (DO): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Diamond Offshore Drilling Inc. (NYSE: DO) reported Q3 2019 loss of $0.67 per share, vs. a loss of $0.68 expected.

— Revenues fell 11% to $254 million, vs. $242.3 million expected.

— As of October 1, total contracted backlog was $1.8 billion.

— Average day rate was $253 while utilization was 65%.

— Operational efficiency was 96.6%.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top