Nabors Industries (NBR) Reports Q1 Revenues Beat
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Nabors Announces First Quarter 2020 Results
May 5, 2020 4:15 PM EDTHAMILTON, Bermuda, May 5, 2020 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2020 operating revenues of $718 million compared to operating revenues of $714 million in the fourth quarter of 2019. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $395 million, or $56.72 per share, compared to a loss of $267 million, or $38.66 per share in the prior quarter. The first quarter's net loss included the impact of the Company's review for potential asset impairments. As a result of this review, the Company has... More
