22-05-2025
Borr Drilling: Q1 Earnings Snapshot
HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Borr Drilling Ltd. (BORR) on Wednesday reported a first-quarter loss of $16.9 million, after reporting a profit in the same period a year earlier.
The Hamilton, Bermuda-based company said it had a loss of 7 cents per share.
The oilfield services company posted revenue of $216.6 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $1.65. A year ago, they were trading at $6.03.
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