Vantage Drilling (VTG) Reports Q2 EPS of 7c

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Vantage Drilling Company Reports Second Quarter Results for 2015

August 4, 2015 7:01 AM EDT

HOUSTON, TX -- (Marketwired) -- 08/04/15 -- Vantage Drilling Company ("Vantage" or the "Company") (NYSE MKT: VTG) reports net income for the three months ended June 30, 2015 of $25.0 million or $.07 per diluted share as compared to earnings of $10.2 million or $.03 per diluted share for the three months ended June 30, 2014.

The three months ended June 30, 2015 includes approximately $5.6 million of gains on the early retirement of debt as compared to a loss on the early retirement of debt of $1.4 million in the prior year. The strong operating results for the second quarter also required us to... More