Diamond offshore reports second quarter 2024 results

$350 million in contract awards in q2; $89 million in contract awards post-q2 q2 adjusted ebitda of $58 million $8.7 million in performance bonuses earned during q2 in senegal ocean greatwhite completes repairs and resumes operations houston , aug. 6, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today reported the following results for the second quarter of 2024: three months ended thousands of dollars, except per share data june 30, 2024 march 31, 2024 total revenues $ 252,886 $ 274,610 operating income 28,282 21,813 net income 9,328 11,612 income per diluted share 0.09 0.11 adjusted operating income 33,428 31,813 adjusted ebitda (1) 58,020 64,163 adjusted net income 12,189 25,434 adjusted income per diluted share 0.12 0.25 (1) adjusted to exclude (i) $5 million in transaction costs for the three months ended june 30, 2024 associated with the previously announced pending merger with noble corporation plc and (ii) the $10 million insurance deductible associated with the insurance claim for the ocean greatwhite for the three months ended march 31 2024. non-gaap supporting schedules are included with the statements and schedules included in this press release.
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