Brief: Borr Drilling Limited Announces Second Quarter And Six Months 2023 Results

Borr Drilling

17/08/2023 06:46

Aug 17 (Reuters) - Borr Drilling Ltd  BORR.N :
    * BORR DRILLING LIMITED ANNOUNCES SECOND QUARTER AND SIX
MONTHS
2023 RESULTS
    * Q2 REVENUE ROSE 9 PERCENT TO $187.5 MILLION
    * TOTAL CONTRACT REVENUE BACKLOG AS AT JUNE 30, 2023 OF
$1.65
BILLION
    * ESTIMATED RANGE OF ADJUSTED EBITDA FOR FULL YEAR 2024 TO
BE
BETWEEN $500 TO $550 MILLION
    * FULL YEAR ADJUSTED EBITDA IN 2023 IS NOW ESTIMATED TO BE
BETWEEN
$330 TO $360 MILLION
    * :  EXPECT OUR FINANCIAL PERFORMANCE IN THE THIRD QUARTER
OF 2023
TO BE SIMILAR TO THE SECOND QUARTER

Source text for Eikon:  ID:nPn3ClftNa 
Further company coverage:  BORR.N 

 ((Reuters.Briefs@thomsonreuters.com;))