Helmerich & Payne posts pro forma net loss of $22.3M for six months ended March 31, 2025 post-KCA Deutag acquisition

Helmerich & Payne, Inc.

Pro forma combined revenue of $2.18B for the six months ended March 31, 2025.
Pro forma net loss attributable to owners of $22.3M; diluted EPS of ($0.23).
Includes 15 days of KCA Deutag operations (Jan 1-15, 2025) not previously consolidated, adding $63.2M revenue.
Pro forma adjustments for purchase accounting: incremental D&A of $37.3M and net interest expense benefit of $20.0M.
Acquisition transaction costs of $109.3M included in pro forma operating expenses.

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