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2017-08-03 09:21:00

NABORS NET LOSS $282 MLN

NABORS NET LOSS $282 MLN

NABORS - Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) reported second quarter 2017 operating revenues of $631 million, compared to operating revenues of $563 million in the prior quarter. Net income from continuing operations attributable to Nabors for the quarter was a loss of $117 million, or $0.41 per diluted share, compared to a loss of $149 million, or $0.52 per diluted share, in the first quarter of 2017. The second quarter results include $7.3 million in net after-tax charges, or $0.03 per diluted share, primarily due to premiums paid on a debt redemption. 

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Tags: NABORS, INDUSTRIES
Chronicle:
NABORS NET LOSS $282 MLN
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