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TRANSOCEAN LTD. REPORTS FOURTH QUARTER, FULL YEAR 2017 RESULTS
STEINHAUSEN, Switzerland—February 20, 2018—Transocean Ltd. (NYSE: RIG) today reported net loss attributable to controlling interest of $111 million, $0.28 per diluted share, for the three months ended December 31, 2017.
Fourth quarter 2017 results included net unfavorable items of $18 million, $0.04 per diluted share, as follows:
After consideration of these net unfavorable items, fourth quarter 2017 adjusted net loss was $93 million, or $0.24 per diluted share.
The following information was filed by Transocean Ltd. (RIG) on Tuesday, February 20, 2018 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-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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