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$RIG Q1 '25 Earnings Results & Recap
Transocean reported a Q4 '24 net loss per diluted share of -$0.11 (vs. an estimated -$0.03 EPS), and adjusted contract drilling revenues of $952 million (vs. an estimated $892.5M revenue), with a positive outlook driven by high demand for its high-specification rigs for multiyear projects starting in 2026 and 2027, despite near-term concerns about lower activity in the active fleet and potential day rate pressure.12
