NorAm Drilling AS reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 29.54 million compared to USD 14.56 million a year ago. Revenue was USD 29.54 million compared to USD 14.56 million a year ago.

Net income was USD 9.3 million compared to net loss of USD 5.45 million a year ago.