Diamond Offshore Drilling, Inc. (DO) Tuesday reported second-quarter net income of $9.33 million or $0.09 per share. The company reported net income of $11.61 million or $0.11 per share in the previous quarter.
Adjusted net income for the quarter were $12.19 million or $0.12 per share, compared to $25.43 million or $0.25 per share in the previous quarter.
Revenues for the quarter were $252.9 million. In the first quarter, the company reported revenues of $274.6 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.