Noble Corp. Reaches Multiyear High Following Strong Q1 Earnings and New Backlog
Noble Corp. (NE) surged 7.7% to a more than two-and-a-half-year high after reporting better-than-expected Q1 adjusted earnings and revenues. The company also reaffirmed its full-year guidance for adjusted EBITDA and revenues, adding $565 million in new backlog.
Topics: earnings guidance reaffirmation stock price movement