Jefferies Remains Sidelined on Atwood Oceanics (ATW) Following 3Q - PT to $11

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Atwood Oceanics Announces Fiscal 2016 Third Quarter Earnings

August 1, 2016 4:43 PM EDT

FOR IMMEDIATE RELEASE - EARNINGS

HOUSTON, August 1, 2016 -- Atwood Oceanics, Inc. (NYSE: ATW) ("Company"), announced today that it had earned net income of $99.5 million or $1.53 per diluted share, on revenues of $227.8 million for the quarter ended June 30, 2016 compared to $122.4 million or $1.89 per diluted share, on revenues of $296.4 million for the quarter ended March 31, 2016 and compared to net income of $113.0 million or $1.73 per diluted share on revenues of $330.6 million for the quarter ended June 30, 2015. For the nine months ended June 30, 2016, the Company... More