KLR Group Upgrades Atwood Oceanics (ATW) to Accumulate

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Atwood Oceanics Announces Fiscal 2016 First Quarter Earnings

February 2, 2016 4:38 PM EST

Houston, Texas
February 2, 2016

FOR IMMEDIATE RELEASE - EARNINGS

HOUSTON, February 2, 2016 -- Atwood Oceanics, Inc. (NYSE: ATW) ("Company"), announced today that it had earned net income of $39.1 million or $0.60 per diluted share, on revenues of $307.8 million for the quarter ended December 31, 2015, compared to net income of $150.7 million or $2.32 per diluted share on revenues of $363.2 million for the quarter ended September 30, 2015 and compared to net income of $46.2 million or $0.71 per diluted share, on revenues of $351.7 million for the quarter ended December 31, 2014.

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