HOUSTON, Feb. 3 /PRNewswire-FirstCall/ -- Atwood Oceanics, Inc. (NYSE: ATW), Houston-based International Drilling Contractor, announced today that the Company earned net income of $66,984,000 or $1.03 per diluted share, on revenues of $164,243,000 for the quarter ended December 31, 2009 compared to net income of $78,363,000 or $1.22 per diluted share, on revenues of $165,504,000 for the quarter ended December 31, 2008. FOR THE THREE MONTHS ENDED DECEMBER 31, 2009 2008 ---- ---- Revenues $164,243,000 $165,504,000 Income before Income Taxes 81,255,000 91,716,000 Provision for Income Taxes (14,271,000) (13,353,000) Net Income 66,984,000 78,363,000 Earnings per Common Share - Basic 1.04 1.22 Diluted 1.03 1.22 Weighted Average Shares Outstanding - Basic 64,303,000 64,081,000 Diluted 65,023,000 64,332,000 DATASOURCE: Atwood Oceanics, Inc. CONTACT: James Holland of Atwood Oceanics, Inc., +1-281-749-7804 Web Site: http://www.atwd.com/

Copyright