Valaris Limited reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 483.8 million compared to USD 433.6 million a year ago. Net income was USD 835.2 million compared to USD 29.2 million a year ago.

Basic earnings per share from continuing operations was USD 11.47 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 11.3 compared to USD 0.38 a year ago.