Helmerich & Payne, Inc. reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported revenue was USD 719.64 million compared to USD 409.78 million a year ago. Net income was USD 97.15 million compared to net loss of USD 51.36 million a year ago.

Basic earnings per share from continuing operations was USD 0.91 compared to basic loss per share from continuing operations of USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.9 compared to diluted loss per share from continuing operations of USD 0.48 a year ago. Basic earnings per share was USD 0.92 compared to basic loss per share of USD 0.48 a year ago.

Diluted earnings per share was USD 0.91 compared to diluted loss per share of USD 0.48 a year ago.