Stock Track | Borr Drilling Soars 5.70% After-Hours on Strong Q4 Earnings

Stock Track

Feb 20, 2025

Shares of Borr Drilling Ltd rose 5.70% in the after-hours session on Wednesday, following the release of the company's fourth-quarter financial results.

Borr Drilling reported Q4 revenue of $263.1 million, a strong performance driven by robust operations and high demand for its drilling services. The company also posted a net income of $26.3 million for the quarter, reflecting its solid profitability.

Perhaps most notably, Borr Drilling's adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) came in at an impressive $136.7 million for the fourth quarter. This strong EBITDA figure suggests that the company's underlying business fundamentals are sound, and it is generating healthy cash flows from its operations.

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The company also posted a net income of $26.3 million for the quarter, reflecting its solid profitability.</p>\n\n<p>Perhaps most notably, Borr Drilling's adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) came in at an impressive $136.7 million for the fourth quarter. This strong EBITDA figure suggests that the company's underlying business fundamentals are sound, and it is generating healthy cash flows from its operations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BORR","symbol_name":"Borr Drilling Ltd","start_time":0,"source_url":"","article_id":"1134937408","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134937408","pubTimestamp":1740000965,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Borr Drilling Ltd rose 5.70% in the after-hours session on Wednesday, following the release of the company's fourth-quarter financial results.Borr Drilling reported Q4 revenue of $263.1 million, a strong performance driven by robust operations and high demand for its drilling services. 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