Diamond Offshore Drilling(DO) - 2023 Q1 - Earnings Call Transcript

Looking ahead to the second quarter, we expect contract drilling revenue excluding reimbursables, of $240 million to $250 million and adjusted EBITDA of $20 million to $25 million. While the Ocean GreatWhite and Ocean Endeavor have returned to work and should contribute with a full quarter of activity, that growth in EBITDA is offset by the Ocean Apex spending the second quarter in the shipyard for its special hull survey and certain upgrades returning to work in early Q3. And consistent with my comments fr ...