Brief: NorAm Drilling Says Qtrly Revenue Increased To USD 32.7 Million, Up 11%

Noram Drilling AS

23/05/2023 17:50

May 23 (Reuters) - NorAm Drilling AS  NORAM.OL :
    * FIRST QUARTER 2023 RESULTS
    * QTRLY ADJUSTED EBITDA INCREASED TO MUSD 15.0, UP 25% FROM
PREVIOUS QUARTER
    * QTRLY REVENUE INCREASED TO USD 32.7 MILLION, UP 11%
    * SAYS CURRENT REVENUE BACKLOG OF MUSD 25.1 AS OF MAY 23,
2023
    * NORAM-REMAIN ENCOURAGED THAT MARKET FUNDAMENTALS ARE
INTACT,
WILL CONTINUE TO IMPROVE LATER THIS YEAR, INTO 2024

Source text for Eikon:  ID:nObiC1HCpa 
Further company coverage:  NORAM.OL 

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