Atwood Oceanics Boasts $111 Million for Q1 Earnings, FY 2008

Atwood Oceanics, Inc., Houston-based International Drilling Contractor, reported that the Company earned net income of $38,549,000 or $1.20 per diluted share, on revenues of $111.048 million for the quarter ended December 31, 2007, compared to net income of $21,085,000 or $0.67 per diluted share, on revenues of $88,800,000 for the quarter ended December 31, 2006.

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