Parker Drilling (PKD) Tops Q2 EPS by 4c
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Parker Drilling Reports 2017 Second Quarter Results
August 2, 2017 4:30 PM EDTHOUSTON, Aug. 2, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the second quarter ended June 30, 2017, including a reported net loss available to common stockholders of $31.1 million, or a $0.23 loss per common share, on revenues of $109.6 million.Â
Second quarter Adjusted EBITDA was $13.5 million.
"Parker continues to capitalize on increasing activity in the U.S. and is prudently managing international operations, which are recovering more slowly," said Gary Rich, the Company's Chairman, President and CEO. "As expected, our U.S. rental tools business led our second quarter improvement with... More
