Market Overview

UPDATE: Transocean Posts Wider Q3 Net Loss

Share:
Related RIG
TD Ameritrade Data Shows Retail Investors Are Becoming More Picky About Their Stocks
Take-Two, Tesla, Transocean, Viacom: 'Fast Money' Picks For May 9

Transocean Ltd (NYSE: RIG) reported a wider Q3 loss.

Transocean posted a quarterly net loss of $381 million, or $1.06 per share, versus a year-ago loss of $32 million, or $0.10 per share.

Its adjusted earnings from continuing operations came in at $1.37 per share, while revenue rose to $2.44 billion from $1.99 billion.

Transocean shares fell 0.11% to close at $46.06 on Friday.

Posted-In: lossEarnings News

 

Related Articles (RIG)

View Comments and Join the Discussion!