Seadrill Ltd. (SDRL) Reports Q1 EPS of $0.13/Share

Seadrill Ltd. (NYSE: SDRL) reported Q1 EPS of $0.13. Revenue for the quarter came in at $569 million versus the consensus estimate of $561.7 million.

• Revenue of $569 million
• Operating income of $83 million
• EBITDA of $291 million
• 98% economic utilization
• Reported net income of $57 million and diluted net income per share of $0.13
• Underlying net income, excluding non-recurring items and non-cash mark to market movements on derivatives, was $22 million and earnings per share was $0.06
• Cash and cash equivalents of $1.5 billion
• Seadrill Limited order backlog of approximately $3.4 billion

For earnings history and earnings-related data on Seadrill Ltd. (SDRL) click here.

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