Borr Drilling takes $46.7m loss
Bermuda-based Borr Drilling Ltd. last week reported a loss of $46.7 million in its fourth quarter.
On a per-share basis, the company said it had a loss of 22 cents.
The Associated Press said The oilfield services company posted revenue of $60.2 million in the period.
For the year, the company reported that its loss widened to $305.2 million, or $2.03 per share. Revenue was reported as $307.5 million.
The company's shares closed at $1.25. A year ago, they were trading at 67 cents.