HAMILTON, Bermuda (AP) _ Borr Drilling Ltd. (BORR) on Monday reported a loss of $58.1 million in its first quarter.
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 23 cents.
The oilfield services company posted revenue of $48.4 million in the period.
The company’s shares closed at 92 cents. A year ago, they were trading at 62 cents.
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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
The Associated Press
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