(RTTNews) - Valaris Limited (VAL) reported a profit for second quarter that Dropped, from the same period last year

The company's earnings came in at $50.4 million, or $0.72 per share. This compares with $115.1 million, or $1.61 per share, last year.

The company's revenue for the period fell 12.4% to $539.2 million from $615.2 million last year.

Valaris Limited earnings at a glance (GAAP) :

-Earnings: $50.4 Mln. vs. $115.1 Mln. last year. -EPS: $0.72 vs. $1.61 last year. -Revenue: $539.2 Mln vs. $615.2 Mln last year.

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