Parker Drilling Company (PKD) reorted first-quarter net income to controlling interest of $592 thousand or breakeven per share, compared to $26.39 million or $0.22 per share last year. Adjusted net income attributable to controlling interest was $3.90 million or $0.03 per share, compared to $26.41 million or $0.22 per share last year. Revenues decreased to $167.16 million from $176.57 million last year.
On average, seven analysts polled by Thomson Reuters expected the company to report breakeven per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $166.10 million for the quarter.
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