Diamond Offshore beats by $0.39, beats on revs
- Reports Q3 (Sep) earnings of $0.99 per share, $0.39 better than the Capital IQ Consensus of $0.60; revenues fell 17.4% year/year to $609.7 mln vs the $594.31 mln Capital IQ Consensus.
- Diamond Offshore also confirmed the Ocean Guardian was awarded a contract for a one-year term in the UK North Sea beginning in March of 2016 at a rate of $220,000 per day.