Diamond Offshore announces second quarter 2016 results
Diamond Offshore has announced second quarter 2016 results. Reported net loss of $4.30 per diluted share. Adjusted earnings of $0.16 per diluted share, excluding special items.
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Three Months Ended | |||||
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Thousands of dollars, except per share data |
June 30, |
March 31, |
Change |
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Total revenues |
$ 388,747 |
$ 470,543 |
(17)% |
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Operating (loss) income |
(626,669) |
111,569 |
(662)% |
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Adjusted operating income |
51,476 |
111,569 |
(54)% |
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Net (loss) income |
(589,937) |
87,425 |
(775)% |
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Adjusted net income |
22,295 |
87,425 |
(74)% |
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(Loss) earnings per diluted share |
($4.30) |
$0.64 |
(772)% |
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|
Adjusted earnings per diluted share |
$0.16 |
$0.64 |
(75)% |
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