Nabors Industries’ Q2 2018 Earnings Missed the Estimates
Nabors Industries (NBR) released its second-quarter financial results on July 31 after the market closed. The company held the earnings conference call on August 1. Nabors Industries recorded operating revenues of $761.9 million in the second quarter—up 20.7% from $631.4 million recorded in the second quarter of 2017. Nabors Industries’ revenues for the second quarter increased due to higher revenues in its US Drilling and Drilling Solutions segments.