Increased Revenues, Net Income in Q1 for Diamond Offshore Drilling
Diamond Offshore Drilling, Inc. reported net income for the first quarter of 2008 of $290.6 million, or $2.09 per share on a diluted basis, compared with net income of $224.1 million, or $1.64 per share on a diluted basis, in the same period a year earlier.
Revenues in the first quarter of 2008 were $786.1 million, compared with revenues of $608.2 million for the first quarter of 2007.
Manages 19 Offshore Rigs
- New Contracts Drive Diamond Offshore's Profit Beat; Shares Rise (Oct 30)
- Diamond Offshore's Profit Beats Estimates On Lower Costs (May 01)
- Offshore Drillers Still Seeking Recovery Enjoyed by Shale (Feb 07)