Borr Drilling Limited Announces Preliminary Results for the Fourth Quarter and Year Ended 2019
Hamilton, Bermuda, February 28, 2020: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces unaudited results for the three- and twelve-months ended December 31, 2019. Highlights in the fourth quarter 2019 and full year 2019• Total operating revenues of $92.9 million, net loss of $69.3 million and Adjusted EBITDA of $1.8 million for the fourth quarter of 2019• Total operating revenues of $334.1 million, net loss of $308.1 million and Adjusted EBITDA of $(2.6) million for the full year 2019• The net loss in the quarter includes $16.4 million accounting loss in