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Transocean reports Q1 adjusted EPS (10c), consensus (10c)

Reports Q1 revenue $906M, consensus $886.42M. “The Transocean (RIG) team delivered a solid quarter, with an adjusted EBITDA of $244 million on revenues of $906 million,” said CEO, Jeremy Thigpen. “We also improved our balance sheet with the repayment of $210 million in outstanding debt.”

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