NorAm Drilling AS reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 24.03 million compared to USD 29.54 million a year ago. Revenue was USD 24.03 million compared to USD 29.54 million a year ago. Net loss was USD 2.22 million compared to net income of USD 9.3 million a year ago.
For the full year, sales was USD 118.29 million compared to USD 95.45 million a year ago. Revenue was USD 118.29 million compared to USD 95.45 million a year ago. Net income was USD 18.92 million compared to USD 2.98 million a year ago.