AP NEWS

Parker Drilling: 2Q Earnings Snapshot

August 2, 2018

HOUSTON (AP) _ Parker Drilling Co. (PKD) on Wednesday reported a loss of $22.9 million in its second quarter.

On a per-share basis, the Houston-based company said it had a loss of $2.56.

The drilling contractor and oilfield services company posted revenue of $118.6 million in the period.

The company’s shares closed at $4.54. A year ago, they were trading at $18.74.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKD at https://www.zacks.com/ap/PKD

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