ROWAN COS INC <RDC> 1ST QTR LOSS
Shr loss 36 cts vs loss 11 cts
    Net loss 18.6 mln vs loss 5,855,000
    Revs 23.9 mln vs 53.9 mln
    NOTE: Net includes tax credits of 12.2 mln dlrs vs
8,510,000 dlrs.
 Reuter
