Borr Drilling Limited Announces Preliminary Results for the Third Quarter of 2021
Hamilton, Bermuda, November 5, 2021: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announcespreliminary unaudited results for the three and nine months ended September 30, 2021. Highlights third quarter of 2021• Total operating revenues of $73.0 million, an increase of $18.2 million (33%) compared to the second quarter of2021• Net loss of $32.6 million, an improvement of $27.3 million compared to the second quarter of 2021• Cash and cash equivalents at the end of the third quarter of 2021 was $68.9 million, an increase of $36.5 millionfrom the end of the