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TRANSOCEAN LTD. REPORTS FIRST QUARTER 2017 RESULTS
ZUG, SWITZERLAND—May 3, 2017—Transocean Ltd. (NYSE: RIG) today reported net income attributable to controlling interest of $91 million, $0.23 per diluted share, for the three months ended March 31, 2017.
First quarter 2017 results included net favorable items of $87 million, or $0.22 per diluted share as follows:
After consideration of these net favorable items, first quarter 2017 adjusted net income was $4 million, or $0.01 per diluted share.
The following information was filed by Transocean Ltd. (RIG) on Wednesday, May 3, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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