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."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on VAL: