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.
The Associated Press