Odfjell Drilling Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 183.8 million compared to USD 163.1 million a year ago. Net income was USD 11.4 million compared to USD 21.9 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.08 a year ago. Basic earnings per share was USD 0.05 compared to USD 0.08 a year ago. Diluted earnings per share was USD 0.05 compared to USD 0.08 a year ago.
For the six months, sales was USD 354.7 million compared to USD 317.9 million a year ago. Net income was USD 13.4 million compared to USD 89.2 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.16 a year ago. Basic earnings per share was USD 0.06 compared to USD 0.36 a year ago. Diluted earnings per share was USD 0.06 compared to USD 0.36 a year ago.