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Saturday, March 24, 2018

Noble Corp Reports Smaller Q4 Loss

Maritime Activity Reports, Inc.

February 21, 2018

Offshore drilling contractor Noble Corp Plc's fourth-quarter loss narrowed from a year earlier, when it recorded impairment charges of $1.44 billion.

Net loss attributable to Noble narrowed to $24.68 million, or 10 cents per share, in the quarter ended Dec. 31, from $1.3 billion, or $5.36 a share, a year earlier, the company said on Wednesday.
Revenue fell 19.6 percent to $329.59 million.

(Reporting by Taenaz Shakir in Bengaluru; Editing by Maju Samuel)
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