From Financial Modeling Prep: 2024-10-22 22:00:03

Nabors Industries Ltd. (NYSE: NBR) reported a significant loss per share of -$6.06, missing the estimated EPS by a wide margin. The company’s revenue for the quarter was $743.31 million, slightly below the estimated $751 million, marking a 2.46% shortfall from the Zacks Consensus Estimate. Despite the financial setbacks, Nabors’ adjusted EBITDA saw a slight increase to $222 million, and the company remains optimistic about future growth, especially with the acquisition of Parker Wellbore.



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