Borr Drilling Limited Announces Fourth Quarter and Twelve Months 2023 Results
Hamilton, Bermuda, February 22, 2024: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces unaudited results for the three and twelve months ended December 31, 2023. Highlights Fourth Quarter of 2023 · Total operating revenues of $220.6 million, an increase of $29.1 million or 15% compared to the third quarter of 2023 · Net income of $28.4 million, an increase of $28.1 million compared to the third quarter of 2023 · Adjusted EBITDA of $105.9 million, an increase of $17.7 million or 20% compared to the third quarter of 2023 · Completed the refinancing