Borr Drilling (BORR.US) rose 5.49% to $6.15 on May 23. The company's revenue for the first quarter was US$234 million, up 36.0% year over year, but was US$1.14 million lower than expected; adjusted EBITDA was US$116.8 million, up US$5.3 million or 5% from the fourth quarter of 2023. As of March 31, 2024, the company held cash and cash equivalents of US$282.7 million, compared to US$102.5 million on December 31, 2023. The company reaffirmed the adjusted EBITDA guidance range of US$500 million to US$550 million for the full year of 2024.
美股异动 | Borr Drilling盘前涨超5% Q1营收逊预期 重申年度业绩指引
Changes in US stocks | Borr Drilling rose more than 5% before the market, Q1 revenue fell short of expectations and reaffirmed annual performance guidelines
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