Ocean Rig UDW (ORIG) Misses Q4 EPS by 3c
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Ocean Rig UDW Inc. Reports Financial and Operating Results for the Fourth Quarter 2015
March 8, 2016 5:30 PM ESTNICOSIA, CYPRUS -- (Marketwired) -- 03/08/16 -- Ocean Rig UDW Inc. (NASDAQ: ORIG), or Ocean Rig or the Company, an international contractor of offshore deepwater drilling services, today announced its unaudited financial and operating results for the quarter ended December 31, 2015.
Fourth Quarter 2015 Financial Highlights
For the fourth quarter of 2015, the Company reported a net loss of $174.4 million, or $1.26 basic and diluted loss per share.Included in the fourth quarter 2015 results are:
Non-cash gains associated with the purchase of the 7.25% Senior Unsecured Notes due 2019 and the 6.5% Senior Secured Notes due... More