Diamond offshore reports second quarter 2023 results
Backlog of $229 million added during second quarter ocean greatwhite completes second well post-reactivation; first option exercised ocean blackhawk completes senegal contract; commences shipyard project ocean apex completes shipyard project; mobilizing to location offshore australia houston , aug. 7, 2023 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today reported the following results for the second quarter of 2023: three months ended thousands of dollars, except per share data june 30, 2023 march 31, 2023 total revenues $ 281,563 $ 232,021 operating income (loss) 10,240 (4,960) adjusted ebitda 36,213 21,733 net income 238,783 7,229 income per diluted share $ 2.29 $ 0.07 bernie wolford, jr., president and chief executive officer of diamond offshore, stated "our clients continue to commit additional capital to offshore drilling and make critical investments in long-lead subsea equipment. this coupled with strong commodity demand outlooks and favorable economics for deepwater projects are setting the stage for sustainable demand for our drilling services as momentum continues to build in this cycle.
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