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UPDATE: Noble Posts Downbeat Q4 Profit


Noble (NYSE: NE) posted downbeat fourth-quarter profit.

Noble posted its quarterly profit at $128 million, or $0.50 per share, versus a year-ago profit of $127 million, or $0.50 per share.

Its revenue climbed 29% to $966 million from $751 million. However, analysts were expecting earnings of $0.61 per share and revenue of $957.8 million.

Noble shares fell 0.50% to $39.65 in after-hours trading.

Posted-In: profitEarnings News


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