11:45 AM EST - Cabo Drilling Corp. : reported the results for its second quarter of fiscal year 2014, ended December 31, 2013. Revenue was $6.82 million compared to $9.16 million in the second quarter fiscal 2013 ("Q2 FY2013") and $6.65 million in the first quarter of fiscal 2014. EBITDA was ($53,567) for the quarter compared to $624,100, in Q2 FY2013, resulting in EBITDA per share of $0.00 for the quarter compared to $0.01 in Q2 FY2013 and 0.00 in the first quarter of fiscal 2014. Net loss was for the quarter was $991,003 or $0.01 per share ($0.01 per share diluted), compared to net loss of $434,676 or $0.01 per share ($0.01 per share diluted) for the corresponding period last year. Cabo Drilling Corp.
shares V.CBE are trading down $0.005 at $0.06.
