Valaris reports Q1 EPS 61c, consensus (35c)
The Fly

Valaris reports Q1 EPS 61c, consensus (35c)

Reports Q1 revenue $408M, consensus $408.4M. President and CEO Anton Dibowitz said, "In the first quarter, we achieved strong revenue efficiency of 99% and won new contracts and extensions with associated contract backlog of approximately $820 million, including a three-year contract offshore Brazil for which we will reactivate drillship VALARIS DS-8."

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