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Transocean (NYSE:RIG – Get Free Report) posted its quarterly earnings results on Monday. The offshore drilling services provider reported ($1.06) EPS for the quarter, missing the consensus estimate of ($0.01) by ($1.05). Transocean had a negative return on equity of 0.94% and a negative net margin of 18.79%. During the same quarter in the previous year, the company earned ($0.15) EPS. Transocean’s revenue for the quarter was up 14.8% on a year-over-year basis.
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Transocean (NYSE:RIG) Issues Quarterly Earnings Results, Misses Estimates By $1.05 EPS
