05:41 PM EDT, 04/29/2024 (MT Newswires) -- Transocean ( RIG ) late Monday reported Q1 adjusted loss of $0.03 per diluted share, narrower than the $0.38 loss per share a year earlier.

Analysts polled by Capital IQ expected adjusted loss of $0.15 per share.

Contract drilling revenue for the quarter ended March 31 was $763 million, up from $649 million a year earlier. Analysts polled by

Capital IQ expected $779.9 million.

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