Vantage Drilling International reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 103.7 million compared to USD 70.96 million a year ago. Net income was USD 0.004 million compared to net loss of USD 20.2 million a year ago.
For the nine months, revenue was USD 288.61 million compared to USD 202.53 million a year ago. Net loss was USD 0.82 million compared to net income of USD 13 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 0.99 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 0.98 a year ago.