NOBLE CORPORATION REPORTS SECOND QUARTER 2022 RESULTS
Business combination with Maersk Drilling anticipated to close October 3, 2022 Q2 Total Revenue of $275 million , an increase of 31% quarter-over-quarter Q2 Net Income of $37 million and Adjusted EBITDA of $84 million Q2 Cash Flow from Operations of $88 million and Free Cash Flow of $56 million SUGAR LAND, Texas , Aug. 8, 2022 |PRNewswire| -- Noble Corporation (NYSE: NE , ", Noble", , or the ", Company", )) today reported second quarter 2022 results. Successor Three Months Ended (stated in millions, except per share amounts) June 30, 2022 June 30, 2021 March 31, 2022 Total Revenue $ 275 $ 219 $ 210 Contract Drilling Services Revenue 262 200 195 Net Income (Loss) 37 20 (37) Adjusted EBITDA* 84 10 27 Adjusted Net Income (Loss)* 33 (25) (8) Diluted Earnings (Loss) Per Share 0.45 0.30 (0.54) Adjusted Diluted Earnings (Loss) Per Share* 0.40 (0.37) (0.12) * A Non-GAAP supporting schedule is included with the statements and schedules attached to this press release. Robert W. Eifler , President and Chief Executive Officer of Noble Corporation, stated, "The second quarter marks an important inflection in Noble''s financial results.
NOBLE CORPORATION REPORTS SECOND QUARTER 2022 RESULTS
Business combination with Maersk Drilling anticipated to close October 3, 2022 Q2 Total Revenue of $275 million , an increase of 31% quarter-over-quarter Q2 Net Income of $37 million and Adjusted EBITDA of $84 million Q2 Cash Flow from Operations of $88 million and Free Cash Flow of $56 million SUGAR LAND, Texas , Aug. 8, 2022 |PRNewswire| -- Noble Corporation (NYSE: NE , ", Noble", , or the ", Company", )) today reported second quarter 2022 results. Successor Three Months Ended (stated in millions, except per share amounts) June 30, 2022 June 30, 2021 March 31, 2022 Total Revenue $ 275 $ 219 $ 210 Contract Drilling Services Revenue 262 200 195 Net Income (Loss) 37 20 (37) Adjusted EBITDA* 84 10 27 Adjusted Net Income (Loss)* 33 (25) (8) Diluted Earnings (Loss) Per Share 0.45 0.30 (0.54) Adjusted Diluted Earnings (Loss) Per Share* 0.40 (0.37) (0.12) * A Non-GAAP supporting schedule is included with the statements and schedules attached to this press release. Robert W. Eifler , President and Chief Executive Officer of Noble Corporation, stated, "The second quarter marks an important inflection in Noble''s financial results.