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Vantage Drilling reports a quarterly loss but sees a $55.5M gain, signaling financial turnaround.
Vantage Drilling, an offshore drilling company, recently reported a quarterly loss of $0.99 per share and is currently in liquidation.
Despite this, the company saw a net gain of $55.5 million in the fourth quarter of 2024, marking a significant improvement from the prior year.
CEO Ihab Toma highlighted major milestones, including the sale of drilling units and creation of a joint venture.
Vantage now focuses on managed services, reflecting efforts to strengthen its financial position.
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Vantage Drilling reporta una pérdida trimestral, pero ve una ganancia de $55.5M, lo que indica un giro financiero.