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2016 August 1   17:39

Diamond Offshore announces second quarter 2016 results

Diamond Offshore has announced second quarter 2016 results. Reported net loss of $4.30 per diluted share. Adjusted earnings of $0.16 per diluted share, excluding special items.


 


Three Months Ended

Thousands of dollars, except per share data               


June 30, 
2016


March 31, 
2016


Change



Total revenues


$   388,747


$    470,543


(17)%








Operating (loss) income


(626,669)


111,569


(662)%








Adjusted operating income


51,476


111,569


(54)%








Net (loss) income


(589,937)


87,425


(775)%








Adjusted net income


22,295


87,425


(74)%








(Loss) earnings per diluted share


($4.30)


$0.64


(772)%








Adjusted earnings per diluted share


$0.16


$0.64


(75)%








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