Borr Drilling Limited Announces Second Quarter and Six Months 2023 Results
Hamilton, Bermuda, August 17, 2023: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces unaudited results for the three and six months ended June 30, 2023. Highlights Second Quarter of 2023 · Total operating revenues of $187.5 million, an increase of $15.5 million or 9% compared to the first quarter of 2023. · Net income of $0.8 million, an increase of $8.2 million compared to the first quarter of 2023. · Adjusted EBITDA of $84.0 million, an increase of $11.6 million or 16% compared to the first quarter of 2023. · Total contract revenue backlog