Independence Contract Drilling (ICD) Tops Q1 EPS by 13c

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Independence Contract Drilling, Inc. Reports Financial Results for the First Quarter Ended March 31, 2023

May 9, 2023 6:45 AM EDT

HOUSTON, May 9, 2023 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today reported financial results for the three months ended March 31, 2023.

First quarter 2023 Highlights

Net income, as defined below, of $12.0 thousand, or $0.00 per diluted share.Adjusted net income, as defined below, of $2.4 million, or $0.14... More