Vantage Drilling International  (VDI)

The company announced declining deficit on sharp Revenues growth , all along the financial fourth quarter of 2022

company recorded fourth quarter of 2022 operating shortfall of $-5.168 millions

Published Apr 02 2023
Goran Soko / CSIMarket.com Contributer

oil_Plataform_By_aherrero_(La_Gaviota_Uploaded_by_ecemaml)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Respectable Revenue growth in the Dec 31 2022 report, by 52.984 % to $76.19 millions fueled to cut losses to $-1.33 per share, from $-1.79 in same the financial reporting period a year prior.

On the contrary to Q3 Revenues advanced by 7.372 % from $70.96 millions and EPS improved from $-1.54 per share.

In the financial time-frame closing December 31 2022 Vantage Drilling International reported net shortfall of $-16.977 million, instead of deficit of $-23.534 millions in the same financial reporting period a year ago.

Additionally, the company claimed also net loss of $-3.37 millions and for the financial period 2022, Revenues of $278.72 millions.

Oil Well Services & Equipment The company has decreased it's shortfall per share to $-0.26 from $-8.40 in the previous fiscal year, while Revenues surged by 75.93 % from $158.42 millions a year prior.

Vantage Drilling International is expected to report next financial results on April 27, 2023.

Vantage Drilling International's Effective Tax Rate

Vantage Drilling International's Receivables Turnover Ratio


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