Noble Corp (NE) Tops Q4 EPS by 3c

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Go back to Noble Corp (NE) Tops Q4 EPS by 3c

Noble Corporation plc Reports Fourth Quarter And Full Year 2017 Results

February 21, 2018 5:00 PM EST

LONDON, Feb. 21, 2018 /PRNewswire/ -- Noble Corporation plc (NYSE: NE, the Company) today reported a net loss attributable to the Company for the three months ended December 31, 2017 (fourth quarter) of $25 million, or $0.10 per diluted share, on revenues of $330 million. The results included net favorable items totaling $47 million, or $0.19 per diluted share as follows:

Payments totaling $38 million accounted for in contract drilling services revenues. The payments included $25 million ($12 million, or $0.05 per diluted share after noncontrolling interests) resulting from the recovery of certain contractual cost increases for the drillship Noble Bully II,... More