Independence Contract Drilling(ICD) - 2023 Q4 - Annual Results

Exhibit 99.1 Independence Contract Drilling, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023 HOUSTON, TEXAS, February 28, 2024 / PRNewswire/ – Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today reported financial results for the three and twelve months ended December 31, 2023. Fourth quarter 2023 Highlights In the fourth quarter of 2023, the Company reported revenues of $45.8 million, net loss of $26.0 million, or $1.84 per share, adjusted ...