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Stock impact report

Diamond Offshore Continues to Manage the Weak Market as Best as Possible [The Motley Fool]

Diamond Offshore Drilling, Inc. (DO) 
Last diamond offshore drilling, inc. earnings: 2/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.diamondoffshore.com
Company Research Source: The Motley Fool
The market for offshore rigs hasn't improved much, but Diamond's management keeps the company well-positioned for a turnaround. For having been dealt as awful of a hand as offshore rig companies have during this prolonged downturn, Diamond Offshore Drilling   ( NYSE:DO ) has done a commendable job of playing it the best way possible. The company's efforts to manage costs and make its fleet of vessels as attractive as possible to draw any available work has helped keep its bottom line afloat for some time. This past quarter, Diamond maintained that track. Here's a look at Diamond's most recent earnings report and what investors should be expecting from Diamond and the offshore industry in general over the next few years. By the numbers Metric Q1 2018 Q4 2017 Q1 2017 Revenue $295.5 million $346.2 million $374.2 million Operating income $0.5 million ($6.4 million) $50.8 million Net income $19.3 million ($31.9 million) $23.5 Show less Read more
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