AP NEWS

Borr Drilling: 4Q Earnings Snapshot

February 28, 2020 GMT

HAMILTON, Bermuda (AP) _ Borr Drilling Ltd. (BORR) on Friday reported a loss of $69.3 million in its fourth quarter.

The Hamilton, Bermuda-based company said it had a loss of 63 cents per share. Losses, adjusted for non-recurring costs, came to 48 cents per share.

The oilfield services company posted revenue of $92.9 million in the period.

For the year, the company reported that its loss widened to $306.6 million, or $2.87 per share. Revenue was reported as $334.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BORR at https://www.zacks.com/ap/BORR