Borr Drilling Limited reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 220.6 million compared to USD 148.6 million a year ago. Revenue was USD 220.6 million compared to USD 148.6 million a year ago. Net income was USD 28.4 million compared to net loss of USD 21.3 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
For the full year, sales was USD 771.6 million compared to USD 443.8 million a year ago. Revenue was USD 771.6 million compared to USD 443.8 million a year ago. Net income was USD 22.1 million compared to net loss of USD 292.8 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to basic loss per share from continuing operations of USD 1.64 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to diluted loss per share from continuing operations of USD 1.64 a year ago.