Nabors Industries Ltd. Q3 Loss Drops

(RTTNews) - Nabors Industries Ltd. (NBR) reported Loss for third quarter that decreased from last year

The company's bottom line came in at -$13.78 million, or -$1.80 per share. This compares with -$122.50 million, or -$15.79 per share, in last year's third quarter.

The company's revenue for the quarter rose 33.3% to $698.95 million from $524.37 million last year.

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

-Earnings (Q3): -$13.78 Mln. vs. -$122.50 Mln. last year. -EPS (Q3): -$1.80 vs. -$15.79 last year. -Revenue (Q3): $698.95 Mln vs. $524.37 Mln last year.