India, Oct. 27 -- Nabors Industries Ltd. (NBR) on Tuesday reported a third-quarter loss, compared to a profit a year ago. Meanwhile, adjusted EBITDA increased nearly 4% year-over-year, supported by stronger International Drilling performance, a larger Lower 48 fleet and growth in Drilling Solutions.
Net loss attributable to Nabors shareholders was $11.2 million or $1.24 per share, compared to net income of $274.2 million or $16.85 per share a year earlier.
Operating revenues increased to $872.2 million from $818.2 million last year.
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Adjusted EBITDA rose to $245.5 million from $236.3 million, while adjusted operating income increased to $85.8 million fro...