Borr Drilling Limited Announces Third Quarter and Nine Months 2023 Results
Hamilton, Bermuda, November 16, 2023: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces unaudited results for the three and nine months ended September 30, 2023. Highlights Third Quarter of 2023 · Total operating revenues of $191.5 million, an increase of $4.0 million or 2% compared to the second quarter of 2023. · Net income of $0.3 million, a decrease of $0.5 million compared to the second quarter of 2023. · Adjusted EBITDA of $88.2 million, an increase of $4.2 million or 5% compared to the second quarter of 2023. · Total contract revenue