Parker Drilling (PKD) Tops Q1 EPS by 3c
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Parker Drilling Reports 2017 First Quarter Results
May 2, 2017 4:30 PM EDTHOUSTON, May 2, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the first quarter ended March 31, 2017, including a reported net loss of $39.8 million, or a $0.31 loss per share, on revenues of $98.3 million.Â
First quarter Adjusted EBITDA was $5.4 million.
"Parker continues to execute well in a difficult market and our first quarter results were in line with our expectations," said Gary Rich, the Company's Chairman, President and CEO. "Activity in the U.S. for both our rental tools and barge businesses improved in the first... More
