06:30 AM EDT, 05/12/2025 (MT Newswires) -- Seadrill ( SDRL ) reported a Q1 net loss Monday of $0.23 per diluted share, swinging from earnings of $0.81 a year earlier.

Five analysts surveyed by FactSet expected EPS of $0.36.

Revenue for the quarter ended March 31 was $335 million, down from $367 million a year earlier.

Analysts surveyed by FactSet expected $332.8 million.

The company maintained its full-year operating revenue guidance in the range of $1.30 billion to $1.36 billion.

Analysts surveyed by FactSet expect $1.33 billion.