BW Offshore Limited reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 170.4 million compared to USD 211.2 million a year ago. Net income was USD 39.9 million compared to USD 40.2 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to USD 0.21 a year ago.

For the full year, the company reported sales was USD 659.2 million compared to USD 774.1 million a year ago. Net income was USD 100.4 million compared to USD 129.7 million a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to USD 0.72 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.66 a year ago.