Nabors Industries Ltd. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 725.8 million compared to USD 760.15 million a year ago. Revenue was USD 737.84 million compared to USD 769.34 million a year ago.

Net loss was USD 16.7 million compared to USD 69.07 million a year ago. Basic loss per share from continuing operations was USD 2.7 compared to USD 7.87 a year ago. Diluted loss per share from continuing operations was USD 2.7 compared to USD 7.87 a year ago.