Offshore drilling contractor Noble Corporation reduced its quarterly loss as its revenues grew during the second quarter of 2019, but the company was affected by a charge related to the Paragon Offshore spinoff.
Noble on Thursday reported a net loss attributable to the company for the second quarter 2019 of $152 million, on total revenues of $293 million. In the second quarter of 2018, Noble’s net loss was $628.1 million on total revenues of $258.4 million.
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