Independence contract drilling, inc. reports financial results for the third quarter ended september 30, 2023

Houston , nov. 1, 2023 /prnewswire/ -- independence contract drilling, inc. (the "company" or "icd") (nyse: icd) today reported financial results for the three months ended september 30, 2023. third quarter 2023 highlights net loss, as defined below, of $7.6 million, or $0.54 per share adjusted net loss, as defined below, of $5.2 million, or $0.37 per share adjusted ebitda, as defined below, of $12.9 million adjusted net debt, as defined below, of $183.2 million 13.4 average rigs working during the quarter fully burdened margin per day of $14,005 in the third quarter of 2023, the company reported revenues of $44.2 million, net loss of $7.6 million, or $0.54 per share, adjusted net loss (defined below) of $5.2 million, or $0.37 per share, and adjusted ebitda (defined below) of $12.9 million.
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