Diamond Offshore and GE Oil & Gas Enter into Industry's First Performance-Based Subsea Blowout Preventer Service Agreement

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Go back to Diamond Offshore and GE Oil & Gas Enter into Industry's First Performance-Based Subsea Blowout Preventer Service Agreement

Diamond Offshore Drilling (DO) Posts Q4 GAAP Loss of $1.79/Share; Discontinues Dividend

February 8, 2016 6:12 AM EST

Diamond Offshore Drilling (NYSE: DO) reported Q4 EPS of ($1.79), which may not compare with the analyst estimate of $0.54. Revenue for the quarter came in at $556 million versus the consensus estimate of $515.63 million.

Results for the quarter included a non-cash charge of $499 million... More