DNO ASA Q3 GAAP EPS of $0.09, revenue of $1.02B

What happened: DNO ASA reported third quarter GAAP EPS of $0.09 and revenue of $1.02B, and its board approved a quarterly dividend of NOK 0.375 per share. Key numbers: GAAP EPS $0.09. Revenue $1.02B, up 86.5% Y/Y. Operating profit $641.10M, up 46% QoQ. Free cash flow $326.50M. Dividend NOK 0.375 per share, matching the prior quarter. Why it matters: Operating profit rose sequentially and free cash flow grew significantly, while the dividend held at the previous quarter's level. Coverage: 4 outlets in 24h

DNO ASA reported third quarter GAAP EPS of $0.09 and revenue of $1.02B, and its board approved a quarterly dividend of NOK 0.375 per share.

Operating profit rose sequentially and free cash flow grew significantly, while the dividend held at the previous quarter's level.