Noble Corp (NE) Tops Q4 EPS by 2c

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Go back to Noble Corp (NE) Tops Q4 EPS by 2c

Noble Corporation plc Reports Fourth Quarter and Full Year 2018 Results

February 20, 2019 4:15 PM EST

LONDON, Feb. 20, 2019 /PRNewswire/ -- Noble Corporation plc (NYSE: NE, the Company) today reported a net loss attributable to the Company for the three months ended December 31, 2018 (fourth quarter) of $33 million, or $0.13 per diluted share, on revenues of $310 million. Results for the fourth quarter included a discrete tax benefit and a gain from the retirement of debt, which together totaled $66 million, or $0.27 per diluted share, net of tax. These favorable items were partially offset by a loss of $9 million, or $0.04 per diluted share, resulting from the impairment of assets. Excluding the net favorable items, the net loss... More