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12/05/16Tesco Corporation to Participate at Two Industry Conferences during the First Week of December
HOUSTON, Dec. 5, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that its management team will be participating at two institutional investor conferences during the first week of December 2016. Fernando R. Assing, President and Chief Executive Officer, is scheduled to participate in a panel discussion during the Cowen and Company Energy & Natural Resources Conference to be held in New York City on December 6 - 8, 2016.  The panel is titled "Evolving Large C... 
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11/30/16Tesco Corporation Appoints Doug Ramsay to Board of Directors
HOUSTON, Nov. 30, 2016 /PRNewswire/ -- Tesco Corporation ("TESCO" or the "Company") (NASDAQ: TESO) today announced the appointment of Doug Ramsay to the Board of Directors. Mr. Ramsay has been appointed to sit on both the Compensation and the Corporate Governance and Nominating Committees. His appointment is effective immediately and he will serve until the next annual general meeting. "We are pleased that Doug has agreed to join the Tesco Board of Directors," stated Michael Sutherlin, Tesco'... 
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11/14/16Tesco Corporation Names John Gatlin as Senior Vice President and Chief Operating Officer
HOUSTON, Nov. 14, 2016 /PRNewswire/ -- Tesco Corporation ("TESCO" or the "Company") (NASDAQ: TESO) today announced the appointment of John Gatlin as Senior Vice President and Chief Operating Officer, effective immediately. In this role, Mr. Gatlin will lead both the Products and Tubular Services segments and be responsible for Tesco's QHSE, global manufacturing and supply chain management. He will report directly to Fernando Assing, Tesco's President and Chief Executive Officer. "We are plea... 
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11/04/16Tesco Corporation Reports Third Quarter 2016 Results
- Liquidity of $90 million and no debt at the end of the third quarter - Reported U.S. GAAP diluted EPS was a loss of $(0.48) on a net loss of $22.1 million and adjusted EPS was a loss of $(0.37) on an adjusted net loss of $17.3 million, after $0.11 in charges - Adjusted EBITDA loss was $9.1 million for the third quarter, compared to a loss of $7.5 million for the second quarter - First offshore catwalk system delivered during the quarter - Automated Rig Controls technology gets comm... 
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10/17/16Tesco Corporation Schedules Third Quarter 2016 Earnings Release and Conference Call for November 4
HOUSTON, Oct. 17, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that it will release its third quarter 2016 financial results on Friday, November 4, before the market opens.  In conjunction with the news release, Tesco has scheduled a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).  By Phone:     Dial 1-877-407-0672 inside the U.S. or 1-412-902-0003 outside the U.S. at least 10 minutes before the call. A telephone ... 
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09/17/16Tesco Corporation to Present at Upcoming Barclays and Johnson Rice Conferences
HOUSTON, Sept. 1, 2016 /CNW/ -- Tesco Corporation (NASDAQ: TESO) announced today that its management team will participate in two investment conferences this month. Fernando Assing, President & Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York City on Thursday, September 8th at 7:45 a.m. ET. Chris Boone, Senior Vice President & Chief Financial Officer, will present at the Johnson Rice Energy Conference in New Orleans on Thursday, September 22nd at 1:... 
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08/09/16Tesco Corporation Reports Second Quarter 2016 Results
- Cash increased by $44 million during the quarter from $47 million of proceeds from an issuance of shares, ending at $97 million with no debt - Reported U.S. GAAP diluted EPS was a loss of $(0.47) on a net loss of $(18.9) million and adjusted EPS was a loss of $(0.39) on an adjusted net loss of $(15.8) million, after $0.08 in charges - Adjusted EBITDA was $(7.5) million for the second quarter, up from $(7.7) million for the first quarter, despite a sequential decline in revenue of 5%. HOUS... 
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07/18/16Tesco Corporation Schedules Second Quarter 2016 Earnings Release and Conference Call for August 9
HOUSTON, July 18, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that it will release its second quarter 2016 financial results on Tuesday, August 9, before the market opens.  In conjunction with the news release, Tesco has scheduled a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).  By Phone:  Dial 1-877-407-0672 inside the U.S. or 1-412-902-0003 outside the U.S. at least 10 minutes before the call. A telephone rep... 
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07/13/16Tesco Corporation Announces Partial Exercise of Underwriter's Over-Allotment Option
HOUSTON, July 13, 2016 /PRNewswire/ -- Tesco Corporation (the "Company") (NASDAQ: TESO) today announced that the underwriter of its previously announced underwritten public offering of 7,000,000 common shares of the Company has partially exercised its over-allotment option to purchase an additional 130,752 common shares at a price to the public of $7.00 per share.  The Company has now sold a total of 7,130,752 common shares in connection with the offering, with total proceeds to us (after subtra... 
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06/08/16Tesco Corporation Announces Pricing of Public Offering of Common Shares
HOUSTON, Texas, June 8, 2016 /PRNewswire/ -- Tesco Corporation (the "Company") (NASDAQ: TESO) today announced that it has priced its underwritten public offering of 7,000,000 common shares of the Company at a price to the public of $7.00 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 1,050,000 common shares at the offering price (less the underwriting discounts).  The Company expects to close the sale of the common shares on June 14, 2016, subj... 
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05/10/16Tesco Corporation Reports First Quarter 2016 Results
- Revenues declined to $35.5 million as a result of challenging market conditions - Cash increased $2.4 million during the quarter, ending at $53.9 million with no debt - Adjusted EBITDA was $(7.8) million, or (22)% of revenue - Reported diluted EPS was a loss of $1.45 and adjusted EPS was a loss of $0.46, after $0.99 in charges - Restructuring programs since Q4 2014 expected to yield $60 million of annualized savings HOUSTON, May 10, 2016 /PRNewswire/ -- Tesco Corpora... 
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05/09/16Tesco Corporation Schedules First Quarter 2016 Earnings Release and Conference Call for May 10
HOUSTON, April 27, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that it will release its first quarter 2016 financial results on Tuesday, May 10, 2016 before the market opens.  In conjunction with the news release, Tesco has scheduled a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).  By Phone:    Dial 1-877-407-0672 inside the U.S. or 1-412-902-0003 outside the U.S. at least 10 minutes before the call. A telephon... 
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04/27/16Tesco Corporation Schedules First Quarter 2016 Earnings Release and Conference Call for May 10
HOUSTON, April 27, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that it will release its first quarter 2016 financial results on Tuesday, May 10, 2016 before the market opens.  In conjunction with the news release, Tesco has scheduled a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).  By Phone:    Dial 1-877-407-0672 inside the U.S. or 1-412-902-0003 outside the U.S. at least 10 minutes before the call. A telephon... 
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03/17/16Tesco Corporation to Present at the Scotia Howard Weil 44th Annual Energy Conference
HOUSTON, March 17, 2016 /CNW/ -- Tesco Corporation (NASDAQ: TESO) announced today that the Company's management will participate in the Scotia Howard Weil 44th Annual Energy Conference to be held in New Orleans, Louisiana on March 20 – 23, 2016. Fernando Assing, President and Chief Executive Officer, and Chris Boone, Senior Vice President and Chief Financial Officer, are scheduled to present on Wednesday, March 23 at approximately 1:40 p.m. Central Time (2:40 p.m. Eastern Time).  The related pr... 
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03/01/16Tesco Corporation Reports Fourth Quarter 2015 Results and Announces Suspension of Dividend
- Revenues declined to $52.2 million as a result of challenging market conditions - Adjusted EBITDA was $(2.0) million, or 3.8% of revenue - The quarter ended with cash of $51.5 million and no debt - Reported diluted EPS was a loss of $2.00 and adjusted EPS was a loss of $0.33 - Restructuring programs to date expected to yield $50 million of annualized savings - Dividend suspension will improve 2016 cash flow by $8 million HOUSTON, March 1, 2016 /PRNewswire/ -- Tesco Corpo... 
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02/16/16Tesco Corporation Schedules Fourth Quarter and Full Year 2015 Earnings Release and Conference Call for March 1
HOUSTON, Feb. 16, 2016 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) announced today that it will release its fourth quarter and full year 2015 financial results on Tuesday, March 1, 2016 before the market opens.  In conjunction with the news release, Tesco has scheduled a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).  By Phone:  Dial 1-877-407-0672 inside the U.S. or 1-412-902-0003 outside the U.S. at least 10 minutes before the cal... 
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