Nabors Announces First Quarter 2019 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/7/2026

1. USO
2. MRVL
3. SPY
4. NVDA
5. BBIO
6. GOOGL
7. OPCH
8. AMD
9. CHRW
10. SKYD

Go back to Nabors Announces First Quarter 2019 Results

Nabors Industries (NBR) Misses Q1 EPS by 10c, Revenues Beat

April 30, 2019 4:52 PM EDT

Nabors Industries (NYSE: NBR) reported Q1 EPS of ($0.36), $0.10 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $800 million versus the consensus estimate of $776.1 million.

Anthony G. Petrello, Nabors Chairman, CEO and President, commented, "Our U.S. Drilling segment continues to perform exceptionally well as illustrated by a 10% sequential increase in quarterly adjusted EBITDA on a 5% increase in revenue. This was principally due to improved pricing on a slightly higher rig count in... More