2023-05-09 10:25:12 ET
- Diamond Offshore Drilling press release ( NYSE: DO ): Q1 GAAP EPS of $0.07 beats by $0.34 .
- Revenue of $232.02M (+3.9% Q/Q) beats by $1.33M .
- The increase in revenue quarter-over-quarter was primarily driven by the Ocean BlackHornet commencing its second option period with bp at a higher dayrate. Results for the first quarter also reflect the completion of the reactivation of the Ocean GreatWhite and commencement of its contract in the North Sea near the end of March.
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Diamond Offshore Drilling GAAP EPS of $0.07 beats by $0.34, revenue of $232.02M beats by $1.33M