Noble Corp (NE) Tops Q2 EPS by 1c

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Noble Corporation plc Reports Second Quarter 2017 Results

August 3, 2017 5:00 PM EDT

LONDON, Aug. 3, 2017 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today reported a net loss attributable to the Company for the three months ended June 30, 2017 of $93 million, or $0.38 per diluted share, on revenues of $278 million. The results include net charges of approximately $16 million, or $0.07 per diluted share, relating to the emergence from bankruptcy of Paragon Offshore, with approximately $1 million, or less than $0.01 per diluted share, of such amount being accounted for as part of discontinued operations.  Excluding the impact of the remaining amount, approximately $14 million, or $0.06 per diluted share, the net loss... More