India, May 27 -- NorAm Drilling AS (NORAM.OL) announced a profit for first quarter of $2.57 million

The company's bottom line came in at $2.57 million, or $0.06 per share. This compares with $5.15 million, or $0.04 per share, last year.

The company's revenue for the period rose 1.6% to $26.19 million from $25.79 million last year.

NorAm Drilling AS earnings at a glance (GAAP) :

-Earnings: $2.57 Mln. vs. $5.15 Mln. last year.-EPS: $0.06 vs. $0.04 last year.-Revenue: $26.19 Mln vs. $25.79 Mln last year.

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