Shares of Borr Drilling BORR fell 10.3% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 45.83% over the past year to ($0.39), which missed the estimate of ($0.32).
Revenue of $59,200,000 declined by 42.36% from the same period last year, which missed the estimate of $83,500,000.
Looking Ahead
Borr Drilling hasn't issued any earnings guidance for the time being.
Borr Drilling hasn't issued any revenue guidance for the time being.
Price Action
52-week high: $9.12
52-week low: $0.24
Price action over last quarter: down 11.86%
Company Overview
Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.
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