Diamond offshore reports fourth quarter 2023 results

$362 million in contract awards year to date 2024 $245 million in total backlog added in q4 rig performance bonus earned in senegal ocean blackhawk and ocean courage commenced new contracts in q4 houston, feb. 27, 2024 /prnewswire/ -- diamond offshore drilling, inc. (nyse: do) today reported the following results for the fourth quarter of 2023: three months ended thousands of dollars, except per share data december 31, 2023 september 30, 2023 total revenues $ 297,637 $ 244,958 operating income 44,915 863 adjusted ebitda 72,340 27,693 net loss (145,702) (145,016) adjusted net loss (145,702) (138,792) loss per diluted share $ (1.42) $ (1.42) adjusted loss per diluted share $ (1.42) $ (1.36) bernie wolford, jr., president and chief executive officer, stated, "2023 was a transformational year for diamond offshore. we marked our one-year anniversary of re-listing on the new york stock exchange, made measurable improvements in our capital structure, secured $485 million dollars in new contract awards throughout the year, safely completed special periodical surveys on five rigs, and completed eight contract start-ups, including four contract commencements in the fourth quarter, one in each of the regions in which we operate.
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