OREANDA-NEWS. Atwood Oceanics, Inc. (NYSE: ATW) ("Company"), announced today that it had earned net income of USD 46.2 million or USD 0.71 per diluted share, on revenues of USD 351.7 million for the quarter ended December 31, 2014 compared to net income of USD 112.2 million or USD 1.72 per diluted share on revenues of USD 323.4 million for the quarter ended September 30, 2014 and compared to net income of USD 83.4 million or USD 1.28 per diluted share, on revenues of USD 284.7 million for the quarter ended December 31, 2013.

The Company recorded a non-cash impairment charge of approximately USD 60.8 million (USD 56.1 million, net of tax, or USD 0.86 per diluted share) related to the Atwood Hunter. In addition, during December 2014, the Company recorded a loss of approximately USD 8.0 million (USD 7.1 million, net of tax, or USD 0.11 per diluted share) for the sale of the Atwood Southern Cross and a loss of USD 1.8 million on the sale of other equipment.

Atwood Oceanics, Inc. is a leading offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company currently owns 12 mobile offshore drilling units and is constructing two ultra-deepwater drillships. The Company was founded in 1968 and is headquartered in Houston, Texas. Atwood Oceanics, Inc. common stock is traded on the New York Stock Exchange under the symbol "ATW."