TheUS-listed drillship owner said net income came in at $22.2m versus the $15mseen twelve months earlier.

Earningsper share (EPS) were 10 US cents beating a consensus of analyst’s estimates of9 US cents per share.

Revenue for the three months ended 31 March 2014were $225.6m compared to $175m for the same period last year.

“Wedelivered our fifth consecutive quarter of increasing revenue,” PacificDrilling chief executive Chris Beckett said in a statement.

“Cashflow