Vantage Drilling Company (VTG) Tops Q4 EPS by 1c
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Vantage Drilling Company Reports Fourth Quarter and Record Annual Results for 2014
March 6, 2015 6:00 AM ESTHOUSTON, TX -- (Marketwired) -- 03/06/15 -- Vantage Drilling Company ("Vantage" or the "Company") (NYSE MKT: VTG) reports net income for the three months ended December 31, 2014 of $12.6 million or $0.04 per diluted share as compared to earnings of $30.3 million or $.09 per diluted share for the three months ended December 31, 2013. The three months ended December 31, 2014 includes a gain on the early retirement of debt of approximately $4.2 million.
The $4.2 million gain on the early retirement of debt represents the discount to the face value of debt that we purchased in the open market, net of writing off... More
