Rowan Cos. (RDC) Tops Q3 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq futures surge 2% as chip outlook calms AI jitters; inflation data awaited
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Rowan Reports Third Quarter 2018 Results
October 31, 2018 7:00 AM EDTHOUSTON, Oct. 31, 2018 /PRNewswire/ -- For the quarter ended September 30, 2018, Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) reported a net loss of $144.1 million, or $1.13 net loss per diluted share, compared to a net loss of $20.9 million, or $0.17 net loss per diluted share, in the third quarter of 2017.
Tom Burke, President and Chief Executive Officer, commented, "Our third quarter results reflect the current soft market conditions in the offshore drilling industry. However, we are seeing signs of improvement, with oil prices providing a supportive backdrop as customers plan their 2019 capital budgets.... More
