Maersk Drilling maintains guidance for the year

Revenue went down at Maersk Drilling in the first quarter of the year, compared to the previous quarter. The company, which was listed recently, maintains its expectations for the year.

Photo: Maersk Drilling

Maersk Drilling's revenue reached USD 306 million in the first quarter, a slight decrease compared to the same quarter 2018, where revenue clocked in at USD 336 million.

The sliding revenue is attributed to several contracts expiring, says the drilling company in its earnings update for the first quarter, published Thursday.

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