Noble Corp. Q1 Loss Increases

Noble Corp. (NE) reported Loss for its first quarter that increased from last year

The company's bottom line came in at -$37 million, or -$0.54 per share. This compares with -$18 million, or -$0.36 per share, in last year's first quarter.

Excluding items, Noble Corp. reported adjusted earnings of -$8 million or -$0.12 per share for the period.

The company's revenue for the quarter rose 128.3% to $210 million from $92 million last year.

Noble Corp. earnings at a glance (GAAP) :

-Earnings (Q1): -$37 Mln. vs. -$18 Mln. last year.
-EPS (Q1): -$0.54 vs. -$0.36 last year.
-Revenue (Q1): $210 Mln vs. $92 Mln last year.

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