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Stock impact report

Nabors Industries Ltd (NBR) Reports Improved Financials Amidst Market Challenges [Yahoo! Finance]

Nabors Industries Ltd. (NBR) 
Last nabors industries ltd. earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.nabors.com
Company Research Source: Yahoo! Finance
Net Loss : Net loss attributable to Nabors shareholders improved to $17 million in Q4, down from a $49 million net loss in Q3. Adjusted EBITDA : Q4 adjusted EBITDA increased to $230 million from $210 million in the previous quarter. Annual Performance : Full-year 2023 operating revenues were $3.0 billion, up 13% from the previous year, with a net loss of $11.8 million compared to a $350.3 million loss in 2022. Free Cash Flow : Adjusted free cash flow for Q4 was $52 million, a significant improvement from the prior period. Warning! GuruFocus has detected 2 Warning Signs with NBR. On February 6, 2024, Nabors Industries Ltd ( NYSE:NBR ) released its 8-K filing , detailing the financial results for the fourth quarter of 2023. The company, known for owning and operating one of the world's largest land-based drilling rig fleets and providing offshore platform rigs, reported a net loss of $17 million for the quarter. This marks a substantial improvement from the $49 million net lo Show less Read more
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