Borr Drilling Limited Announces Third Quarter and Nine Months 2022 Preliminary Results
Hamilton, Bermuda, November 17, 2022: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces preliminary unaudited results for the three and nine months ended September 30, 2022. Highlights Third Quarter of 2022 · Total operating revenues of $107.9 million, an increase of $2.6 million or 2% compared to the second quarter of 2022. · Net loss of $54.9 million, a decrease in loss of $110.4 million compared to the second quarter of 2022. · Cash and cash equivalents of $279.0 million at the end of the third quarter of 2022, an increase of $249.3 million from the