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Q3 2020 Archer Ltd Earnings Call Transcript
Welcome to the Archer Third Quarter 2020 Earnings Release. (Operator Instructions)
Today, I'm pleased to present Dag Skindlo, CEO. Please go ahead with your meeting.
Thank you, Nat. Good morning, ladies and gentlemen, and thank you for joining us for Archer's Third Quarter 2020 Conference Call. The call is being hosted from Stavanger, and I am on the call together with our Chief Financial Officer, Espen Joranger.
In today's call, I will touch upon the key highlights and summarize Archer's operation for third quarter and then hand the call over to Espen who will walk us through the financial section and go through the 2020 updated outlook. Towards the end of the call, we will open the line for questions.
Moving to Slide 2. I would like to note that the information provided in today's call includes forward-looking statements as well as non-GAAP financial measures. Next slide, please.
In the third quarter, we performed well both operationally and financially, limited by macro environment,
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