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Article: Transocean Sedco Forex Inc. Reports Second Quarter 2001 Earnings of $0.26 Per Diluted Share Before Extraordinary Item.
- Article from:
- Business Wire
- Article date:
- July 31, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business/Energy Editors
HOUSTON--(BUSINESS WIRE)--July 31, 2001
Announces $223 Million in New Contract Signings in Brazil
Transocean Sedco Forex Inc. (NYSE:RIG) today announced that income before extraordinary item for the three months ended June 30, 2001 was $85.8 million, or $0.26 per diluted share on revenues of $752.2 million. Results for the quarter include a $17.3 million, or $0.05 per diluted share net extraordinary after-tax loss relating to the early retirement of debt. Including the net extraordinary loss, reported net income for the three months ended June 30, 2001 was $68.5 million, or $0.21 per diluted share. Weighted average basic ...
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