SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: billie who wrote (8185)1/15/1998 9:23:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 95453
 
They were just reported on CNBC,coming up in the next few minutes,is an interview with the CEO,of Rowan companys (offshore) DD



To: billie who wrote (8185)1/15/1998 9:58:00 AM
From: Teddy  Respond to of 95453
 
i'll have to look at this later: TABLE-Global MarineQ4 undercut by charges

HOUSTON, Jan 15 (Reuters) -
Q4
1997 1996
Shr diluted $0.31 $0.63
Net 54.3 110.2
Revs 319.3 219.9
Avg shrs 175.5 175.6
Year
Shr diluted $1.76 $1.03
Net 310.6 180.1
Revs 1,067.1 680.7
Avg shrs 176.2 174.3
(All data above in millions except per share numbers)
NOTE: -- Before charges, Q4 1997 earnings equaled $0.49 a
share or $84 million compared to $0.24 a share or $40 million
during the same period a year ago.
-- Special items for 1997 include $4.5 million after-tax
extraordinary charge in Q4 in connection with previously
reported redemption of all $224 million principal amount of the
company's 12-3/4 percent senior secured notes;
-- A $25 million net charge in the fourth quarter to
current and deferred income tax expense in connection with a
realignment of the company's foreign operations and recognition
of the tax benefits of operating loss carryforwards;
-- A $70 million credit earlier in the year to deferred
income tax expense due to the recognition of the tax benefits
of operating loss carryforwards.
-- Special items in Q4 and FY1996 include at $70 million
credit to deferred income tax expense due to the recognition of
tax benefits of operating loss carryforwards.

REUTERS
Rtr 09:27 01-15-98