Recap: Borr Drilling Q1 Earnings

Borr Drilling BORR reported its Q1 earnings results on Tuesday, May 23, 2023 at 07:35 AM.

Here's what investors need to know about the announcement.

Earnings

Borr Drilling missed estimated earnings by 400.0%, reporting an EPS of $-0.03 versus an estimate of $0.01.

Revenue was up $90.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 6.43% drop in the share price the next day.

To track all earnings releases for Borr Drilling visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.