Nabors preliminary Q2 revenue ~$735M, adjusted EBITDA ~$218M

NABORS INDUSTRIES LTD

2024-Q2 EPS reported -$8.83 revenue$1,468,502,000

Preliminary Q2 revenue ~$735M; adjusted EBITDA ~$218M; income before taxes range ($5M) to $5M.
Adjusted free cash flow $55-60M, stronger than anticipated; Lower 48 avg 68.7 rigs at $15,598/day margin.
International avg 84.4 rigs at $16,050/day margin; full results due July 23, conference call July 24.

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