Vantage Drilling Company Announces Consolidated Unaudited Earnings Results for Second Quarter and Six Months Ended June 30, 2014
For the six months, the company reported total revenues of $452,183,000, income from operations of $172,723,000, income before income taxes of $62,701,000, net income of $35,002,000 or $0.11 basic and diluted per share, net cash provided by operating activities of $139,897,000 compared to the total revenues of $317,638,000, income from operations of $100,882,000, loss before income taxes of $106,303,000, net loss of $118,985,000 or $0.39 basic and diluted per share, net cash used in operating activities of $97,107,000 for the same period a year ago. Additions to property and equipment were $19,262,000 compared to $45,130,000 a year ago.