Diamond Offshore Drilling Reports Q2 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2024
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Source: NASDAQ.COM
Quarterly Financial Performance: Diamond Offshore Drilling reported a second-quarter net income of $9.33 million ($0.09 per share), down from $11.61 million ($0.11 per share) in the previous quarter, with adjusted net income also decreasing to $12.19 million ($0.12 per share) from $25.43 million ($0.25 per share).
Revenue Decline: The company's revenues for the second quarter were $252.9 million, a decrease from $274.6 million reported in the first quarter.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
