Vantage Drilling International reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 73.24 million compared to USD 35.6 million a year ago. Net income was USD 48.1 million compared to net loss of USD 28.97 million a year ago. Basic earnings per share from continuing operations was USD 3.67 compared to basic loss per share from continuing operations of USD 2.21 a year ago. Diluted earnings per share from continuing operations was USD 3.61 compared to diluted loss per share from continuing operations of USD 2.21 a year ago.
For the six months, revenue was USD 131.57 million compared to USD 55.77 million a year ago. Net income was USD 33.2 million compared to net loss of USD 64.95 million a year ago. Basic earnings per share from continuing operations was USD 2.53 compared to basic loss per share from continuing operations of USD 4.95 a year ago. Diluted earnings per share from continuing operations was USD 2.49 compared to diluted loss per share from continuing operations of USD 4.95 a year ago.