Independence Contract Drilling, Inc. Reports Financial Results for the Second Quarter Ended June 30, 2024

HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today reported financial results for the three months ended June 30, 2024. Second quarter 2024 Highlights Net loss of $16.7 million, or $1.15 per share Adjusted net loss, as defined below, of $10.6 million, or $0.73 per share Adjusted EBITDA, as defined below, of $8.5 million, representing a 28% sequential decrease Adjusted net debt, as defined below, of $196.7 million, representing a 3% sequentia ...