Rowan Cos. (RDC) Tops Q2 EPS by 5c

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Go back to Rowan Cos. (RDC) Tops Q2 EPS by 5c

Rowan Reports Second Quarter 2017 Results

August 2, 2017 6:45 AM EDT

HOUSTON, Aug. 2, 2017 /PRNewswire/ -- For the quarter ended June 30, 2017, Rowan Companies plc (" Rowan " or the " Company ") (NYSE: RDC) reported a net loss of $28.7 million, or $0.23 net loss per diluted share, compared to net income of $216.7 million, or $1.72 per diluted share, in the second quarter of 2016. The net loss for the current quarter included a $2.4 million (after tax), or $0.02 per share, gain on early extinguishment of $35.8 million of debt. The net income for the prior-year quarter included a $120.0 million (after tax), or $0.95 per share, increase to net income for the Rowan Relentless... More