10:05 AM EST - Cabo Drilling Corp. : reported first-quarter net income of $1.09 million, compared to $1.08 million in the year-ago quarter. On a per share basis, earnings were $0.02, lower than $0.03 in the prior year quarter. Revenue for the quarter grew to $16.62 million from $14.34 million in the prior year quarter. Cabo Drilling Corp.
shares V.CBE are trading unchanged at $0.09.
