Nordic American Offshore reported narrowing losses for the third quarter as revenue rose to the best level in nearly two years.
The Bermuda-incorporated company saw a third-quarter loss of $5.7m compared to a year-earlier figure of $8.6m. The loss per share of $0.09 was better than the $0.11 Wall Street estimate.
The beat came as revenue hit $5.9m, up $2m from the year before.
