abce certificate
Tuesday, 02 December, 2008, 03:50 GMT | more >>

Atwood earnings hold steady



By Upstream staff 

Houston driller Atwood Oceanics saw net earnings for its third fiscal quarter ended on 30 June almost flat at $32.03 million, compared with $32.79 million in the year-ago quarter.

Earnings per diluted share edged down to $1 from $1.06 previously.

However, revenues in the quarter rose to $98.37 million from $71.87 previously.

For the first nine months of Atwood’s financial year the company reported net income of $84.88 million, or $2.68 per diluted share, compared with $62.94 million, or $2 per diluted share, previously.

Revenues for the nine month period were $281.43 billion, up from $194.81 million in the year-earlier period.

Atwood said the three-month and nine-month earnings included a tax gain of $6.4 million which boosted diluted earnings per share in by 20 cents in both periods.


Tuesday, 07 August, 2007, 22:10 GMT  | last updated: Tuesday, 07 August, 2007, 22:10 GMT

e-mail this article to a colleague


to email:  from:
comments: