Nabors Industries (NBR) Tops Q3 EPS by $2.43

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Go back to Nabors Industries (NBR) Tops Q3 EPS by $2.43

Nabors Announces Third Quarter 2022 Results

October 25, 2022 4:15 PM EDT

HAMILTON, Bermuda, Oct. 25, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of approximately 10%, compared to operating revenues of $631 million in the second quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $14 million, or $1.80 per share. This compares to a loss of $83 million, or $9.41 per share, in the second quarter. The third quarter results included a non-cash gain of $34 million, or $3.74 per share, related to... More