AI brief of an SEC Form 8-K · Noble (NE)

Noble Q3 revenue rises to $801 million; net income falls to $61 million

Mixed Impact 4 of 5 earnings Written later

Noble Corporation plc reported third quarter 2024 results on November 5, 2024. Revenue rose from $697 million a year earlier, helped by the Diamond acquisition closed on September 4, but net income fell to $61 million from $158 million and diluted EPS fell to $0.40 from $1.09. The company also authorized an additional $400 million share repurchase and set fourth quarter 2024 revenue guidance of $850 million to $890 million.

Key points

  • Q3 2024 total revenue was $801 million, up from $697 million in Q3 2023 and $693 million in Q2 2024.
  • Q3 2024 net income was $61 million and diluted EPS was $0.40, versus $158 million and $1.09 a year earlier; adjusted diluted EPS was $0.58 versus $0.87.
  • On October 22, 2024, the Board authorized up to an additional $400 million in share repurchases; $250 million was repurchased in Q3.
  • Q4 2024 guidance: total revenue $850 million to $890 million; Adjusted EBITDA $275 million to $305 million; a $0.50 dividend was declared, payable December 19, 2024.

The filing

CompanyNoble (NE)
Form8-K, current report
Filed with the SECNov 5, 2024, 5:21 PM ET
Accession number0001628280-24-045367

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.