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/PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three months ended March 31, 2024....

Borr Drilling has announced unaudited results for the three months ended March 31, 2024. The Company reports total operating revenues of $234.0 million, an increase of $13.4 million or 6% compared to the Q4 2023. Net income of $14.4 million, a decrease of $14.0 million compared to Q4 2023. Adjusted EBITDA of $116.8 million, an increase of $5.3 million or 5% compared to Q4 2023.

The contracts are for Borr's Prospector 1 and Gunnlod jack-up rigs, plus a rig still to be determined.

Borr Drilling Limited (NYSE:BORR) Q4 2023 Earnings Call Transcript February 22, 2024 Borr Drilling Limited reports earnings inline with expectations. Reported EPS is $0.11 EPS, expectations were $0.11. Borr Drilling Limited isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Patrick Schorn: […]

Operator: Good day, and thank you for standing by. Welcome to the Borr Drilling Limited Third Quarter 2023 Results Presentation Webcast and Conference Call [Operator Instructions].