Valaris Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 525 million compared to USD 430.1 million a year ago. Net income was USD 25.5 million compared to USD 46.7 million a year ago.

Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.61 a year ago.