Brief: Nabors Industries Ltd Reports Q1 Profit Of $4.11 Per Share

Nabors Industries

24/04/2023 23:11

April 24 (Reuters) - Nabors Industries Ltd  NBR.N :
    * NABORS INDUSTRIES LTD - Q1 2023 OPERATING REVENUES OF $779
MILLION, AN INCREASE OF 2.5% VERSUS Q4 2022
    * NABORS INDUSTRIES LTD - QTRLY NET INCOME $4.11 PER DILUTED
SHARE
    * NABORS INDUSTRIES LTD - EXPECT REDUCTIONS IN OUR PRIOR
TARGET
CAPITAL EXPENDITURES FOR FULL YEAR 2023 IN LOWER 48 AND COLOMBIA
    * NABORS INDUSTRIES LTD - SEES ADJUSTED FREE CASH FLOW FOR
FULL
YEAR 2023 OF APPROXIMATELY $400 MILLION

Source text for Eikon:  ID:nPn2s0Rgja 
Further company coverage:  NBR.N 

 ((Reuters.Briefs@thomsonreuters.com;))