Diamond Offshore Drilling Q2 Profit In Line With Last Year - Quick Facts

(RTTNews) - Diamond Offshore Drilling, Inc. (DO) reported net income of $90 million, or $0.66 per share, in the second quarter of 2015, compared to $90 million, or $0.65 per share, in the second quarter of 2014.

On average, 30 analysts polled by Thomson Reuters expected the company to report profit per share of $0.47 for the quarter. Analysts' estimates typically exclude special items.

Revenues were $634 million, compared to $692 million in the second quarter of 2014. Analysts polled by Thomson Reuters expected revenue of $605.37 million for the quarter.

The company announced that the Ocean Apex was awarded a contract for an 18-month term offshore Australia beginning in the second quarter of 2016 at a rate of $285 thousand per day.

Diamond Offshore also announced it has declared a regular quarterly dividend of $0.125 per share, payable on September 1, 2015 to shareholders of record as of August 14, 2015.