Nabors Industries (NBR) Misses Q4 EPS by 3c
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Nabors Announces FY 2015 and Fourth Quarter Results
February 16, 2016 4:25 PM ESTNotable items:
-Â Â Â Â Â Â Fourth quarter GAAP EPS was ($0.57), which translates to ($0.22) excluding ($0.35) in impairments related to the current downturn
-Â Â Â Â Â Â Above EPS includes a loss of $0.16 per share from unconsolidated affiliates
-Â Â Â Â Â Â Repurchased $27.5 million of notes in 4Q 2015
-Â Â Â Â Â Â Decreased total debt by $677 million during 2015
HAMILTON, Bermuda, Feb. 16, 2016 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported FY 2015 operating revenues of $3.86 billion, including $366 million which comprises first-quarter revenue from the Completion and Production Services segment (NCPS), a business line that merged with C&J Energy Services, Inc. (CJES)... More
