Independence Contract Drilling(ICD) - 2024 Q1 - Quarterly Results
Independence Contract DrillingIndependence Contract Drilling(US:ICD)2024-05-01 10:45

Exhibit 99.1 Independence Contract Drilling, Inc. Reports Financial Results for the First Quarter Ended March 31, 2024 HOUSTON, TEXAS, May 1, 2024 / PRNewswire/ – Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today reported financial results for the three months ended March 31, 2024. First quarter 2024 Highlights In the first quarter of 2024, the Company reported revenues of $46.6 million, net loss of $9.0 million, or $0.62 per share, adjusted net loss (defined below) of $7.3 mil ...