10:26 AM EDT, 07/17/2024 (MT Newswires) -- Nabors Industries ( NBR ) reported Wednesday preliminary Q2 operating revenue of about $735 million.

Analysts polled by Capital IQ expect $743.7 million.

It expects adjusted EBITDA of about $218 million for the quarter.

Nabors said preliminary results for Q2 continued to highlight the ongoing international expansion and relatively stable activity and pricing in its US markets. It plans to release the results on July 23.

The company's shares rose more than 2% in early trading.

Price: 87.50, Change: +2.05, Percent Change: +2.40