PVD - Another quarterly loss mainly due to high financial expense - Earnings Flash
  • 28 Oct 2022
  • Company Research
- PVD announced Q3 2022 results with revenue of USD54.0mn (+22.3% YoY) and recurring NPAT-MI of USD0.3mn (-88.8% YoY). - We attribute the increase in Q3 2022 revenue to a 21.7% YoY recovery of jack-up day rates (per our estimates) and the revenue contribu