Valaris Swings to Q1 Loss, Revenue Rises

MT Newswires Live

2025/05/01

Valaris (VAL) reported a Q1 loss late Wednesday of $0.53 per diluted share, swinging from earnings of $0.35 a year earlier.

Analysts polled by FactSet expected EPS of $1.23.

Operating revenue for the quarter ended March 31 was $620.7 million, up from $525 million a year earlier.

Analysts surveyed by FactSet expected $587.3 million.

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