Noble Corp. posts higher quarterly revenues

Offshore drilling contractor Noble Corporation has managed to keep its net loss flat in the last quarter of 2019 while its revenues increased during the period. Noble Corp. CEO is getting ready to transition to the role of an executive chairman. 

Noble Corporation today reported a net loss attributable to the company for the three months ended December 31, 2019 of $33 million on total revenues of $454 million.

In the same period of 2018, Noble also recorded a net loss of $33 million on revenues of $310 million.

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