Nabors Industries (NBR) Reports Q3 Loss Per Share of 31c

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Go back to Nabors Industries (NBR) Reports Q3 Loss Per Share of 31c

Nabors Announces Third Quarter Results

October 30, 2018 5:20 PM EDT

HAMILTON, Bermuda, Oct. 30, 2018 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2018 operating revenues of $779 million, compared to operating revenues of $762 million in the second quarter, a 2% increase.  Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $105 million, or $0.31 per share, compared to a loss of $202 million, or $0.61 per share, in the prior quarter. Results for the third quarter included a loss of $10 million, or $0.02 per share in premiums paid to redeem the Company's 9.25% notes due early next... More