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RSS FeedsArcher Limited : Second Quarter 2018 Earnings Release
(WorldNews Norway)

 
 

14 august 2018 09:06:28

 
Archer Limited : Second Quarter 2018 Earnings Release
(WorldNews Norway)
 


Hamilton, Bermuda (August 14, 2018) Second quarter highlights 2018 Revenue $224.4 million. EBITDA of $18.0 million before exceptional items. Revenue and margin increase for all segments in Eastern Hemisphere relative to first quarter. Award of four additional Equinor platforms to commence in fourth quarter 2018. Depreciation of the Argentine Peso reduced Land Drilling revenue (reported in USD) by 8% in the quarter. John Lechner, CEO Archer comments: `I`m pleased to see that the recovery is starting to build in most of...


 
10 viewsCategory: General > Europe > Norway
 
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