Q4 2020 Archer Ltd Earnings Call Transcript

Feb 12, 2024

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Feb 25, 2021 / 08:00AM GMT
Operator

Welcome to the Archer Fourth Quarter 2020 Earnings Release Call. (Operator Instructions) Today, I'm pleased to present Dag Skindlo, CEO; and Espen Joranger, CFO. Please begin your meeting.

Dag Skindlo - Archer Limited - CEO

Thank you, Richard. Good morning, ladies and gentlemen. Thank you for joining us for Archer's Fourth Quarter 2020 Conference Call. The call is being hosted jointly from Stavanger and Oslo. And I am on the call together with our Chief Financial Officer, Espen Joranger.

In today's call, I will touch upon the key highlights and summarize Archer's operations for the fourth quarter and then hand over the call to Espen who will walk us through the financial section and the 2021 outlook. Towards the end of the call, we will open the line for questions.

Moving to Slide 2. I would like to note that the information provided in today's call includes forward-looking statements as well as non-GAAP financial measures. Next slide, please.

Revenue in the quarter of $210.6 million was an increase of $27 million or 15% relative to

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