Borr Drilling Limited Announces Second Quarter and Six Months 2022 Preliminary Results
Hamilton, Bermuda, August 9, 2022: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces preliminary unaudited results for the three and six months ended June 30, 2022. Highlights Second Quarter of 2022 · Total operating revenues of $105.3 million, an increase of $23.3 million or 28% compared to the first quarter of 2022 · Net loss of $165.3 million, an increase in loss of $114.0 million compared to the first quarter of 2022, mainly attributable to an impairment loss in Q2 2022 of $124.4 million due to an LOI entered into in June for the sale of three