Vantage Drilling International reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 107.84 million compared to USD 73.24 million a year ago. Net income was USD 1.46 million compared to USD 48.1 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 3.67 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 3.61 a year ago.
For the six months, revenue was USD 184.91 million compared to USD 131.57 million a year ago. Net loss was USD 0.824 million compared to net income of USD 33.2 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 2.53 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to diluted earnings per share from continuing operations of USD 2.49 a year ago.