05:50 PM EDT, 08/04/2025 (MT Newswires) -- Transocean ( RIG ) late Monday reported a net loss of $1.06 per share in Q2, compared with $0.15 loss a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Contract drilling revenue for the quarter ended June 30 was $988 million, up from $861 million a year earlier.

Analysts surveyed by FactSet expected $976.4 million.

Shares of Transocean ( RIG ) were up 1.8% in after-hours activity.