Diamond offshore reports first quarter 2024 results

Secured $731 million in contract awards year to date, including $713 million in q1 total backlog was $1.9 billion as of april 1, 2024 ocean greatwhite repairs progressing well; expected back on location in the first half of june secured marketing rights for 3 high-specification 7th generation drillships houston , may 7, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today reported the following results for the first quarter of 2024: three months ended thousands of dollars, except per share data march 31, 2024 december 31, 2023 total revenues $ 274,610 $ 297,637 operating income 21,813 44,915 net income (loss) 11,612 (145,702) income (loss) per diluted share 0.11 (1.42) adjusted operating income 31,813 44,915 adjusted ebitda (1) 64,163 72,340 adjusted net income (loss) 25,434 (145,702) adjusted income (loss) per diluted share 0.25 (1.42) ( 1 )    adjusted to exclude the $10 million insurance deductible associated with a claim for the ocean greatwhite. bernie wolford, jr., president and chief executive officer, stated, "the demand landscape remains compelling for our business.
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