ICD Independence Contract Drilling, Inc. revenue, earnings and financials
For the quarter ended September 30, 2024, Independence Contract Drilling, Inc. reported revenue of $38.0M (down 14.0% from a year earlier), net income of −$18.5M and diluted EPS of −$1.27; over the last four quarters revenue was $174M and net income −$70.1M; for the fiscal year ended December 2023 revenue was $210M, up 12.5% on the year before.
ICD annual revenue and earnings
- Fiscal year ended Dec 2023: revenue $210M, gross profit n/a, operating income −$3.72M, net income −$37.7M (margin -17.9%), EPS −$2.69
- Fiscal year ended Dec 2022: revenue $187M, gross profit n/a, operating income −$2.10M, net income −$65.3M (margin -35.0%), EPS −$5.01
- Fiscal year ended Dec 2021: revenue $88.0M, gross profit n/a, operating income −$43.1M, net income −$66.7M (margin -75.8%), EPS −$8.89
ICD quarterly revenue and earnings
- Quarter ended Sep 30, 2024: revenue $38.0M (down 14.0% year over year), net income −$18.5M, EPS −$1.27
- Quarter ended Jun 30, 2024: revenue $43.3M (down 23.1% year over year), net income −$16.7M, EPS −$1.15
- Quarter ended Mar 31, 2024: revenue $46.6M (down 26.9% year over year), net income −$8.99M, EPS −$0.62
- Quarter ended Dec 31, 2023 (from the annual report): revenue $45.8M (down 23.9% year over year), net income −$26.0M, EPS −$1.85
- Quarter ended Sep 30, 2023: revenue $44.2M (down 10.1% year over year), net income −$7.60M, EPS −$0.54
- Quarter ended Jun 30, 2023: revenue $56.4M (up 33.2% year over year), net income −$4.16M, EPS −$0.30
- Quarter ended Mar 31, 2023: revenue $63.8M (up 82.2% year over year), net income $12.0K, EPS $0.00
- Quarter ended Dec 31, 2022 (from the annual report): revenue $60.3M (up 111.0% year over year), net income $3.46M, EPS $0.93
- Quarter ended Sep 30, 2022: revenue $49.1M (up 104.5% year over year), net income −$7.19M, EPS −$0.53
- Quarter ended Jun 30, 2022: revenue $42.3M (up 113.5% year over year), net income −$2.79M, EPS −$0.21
- Quarter ended Mar 31, 2022: revenue $35.0M (up 125.1% year over year), net income −$58.8M, EPS −$5.20
- Quarter ended Dec 31, 2021 (from the annual report): revenue $28.6M, net income −$31.5M, EPS −$3.50
- Quarter ended Sep 30, 2021: revenue $24.0M, net income −$4.30M, EPS −$0.59
- Quarter ended Jun 30, 2021: revenue $19.8M, net income −$14.9M, EPS −$2.22
- Quarter ended Mar 31, 2021: revenue $15.5M, net income −$16.0M, EPS −$2.58
ICD cash flow, buybacks and dividends
- Fiscal year ended Dec 2023: operating cash flow $61.0M, share buybacks n/a
- Fiscal year ended Dec 2022: operating cash flow $28.6M, share buybacks n/a
- Fiscal year ended Dec 2021: operating cash flow −$9.58M, share buybacks n/a
ICD balance sheet
- Sep 30, 2024: cash $6.08M, total assets $357M, total liabilities $217M, shareholders' equity $140M
- Jun 30, 2024: cash $5.54M, total assets $375M, total liabilities $217M, shareholders' equity $158M
- Mar 31, 2024: cash $6.94M, total assets $385M, total liabilities $211M, shareholders' equity $173M
- Dec 31, 2023: cash $5.57M, total assets $395M, total liabilities $213M, shareholders' equity $182M
- Sep 30, 2023: cash $6.04M, total assets $406M, total liabilities $200M, shareholders' equity $206M
- Jun 30, 2023: cash $5.58M, total assets $420M, total liabilities $207M, shareholders' equity $213M
- Mar 31, 2023: cash $6.72M, total assets $435M, total liabilities $219M, shareholders' equity $216M
- Dec 31, 2022: cash $5.33M, total assets $430M, total liabilities $215M, shareholders' equity $215M
What is ICD's revenue?
Independence Contract Drilling, Inc. reported $174M of revenue over its last four quarters, through September 30, 2024.
Is ICD profitable?
No. Independence Contract Drilling, Inc. lost $70.1M over the last four quarters.
What is ICD's EPS?
Diluted earnings per share over the last four quarters were −$4.89; −$1.27 in the latest quarter.