Nabors Industries Ltd. Q2 Loss Decreases

(RTTNews) - Nabors Industries Ltd. (NBR) announced Loss for second quarter that decreased from the same period last year

The company's bottom line totaled -$82.92 million, or -$9.41 per share. This compares with -$196.01 million, or -$26.59 per share, in last year's second quarter.

The company's revenue for the quarter rose 29.1% to $631.77 million from $489.27 million last year.

Nabors Industries Ltd. earnings at a glance (GAAP) :

-Earnings (Q2): -$82.92 Mln. vs. -$196.01 Mln. last year. -EPS (Q2): -$9.41 vs. -$26.59 last year. -Revenue (Q2): $631.77 Mln vs. $489.27 Mln last year.