Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced financial results for the first quarter of 2024, reporting higher revenues and earnings.
- Schlumberger’s Q1 revenue came in at $8.71 billion, which is up 13% year-on-year
- First-quarter earnings, on a reported basis, increased 14% annually to $0.74 per share
- Excluding special items, adjusted earnings per share climbed 19% annually to $0.75
- Net income attributable to shareholders, on an unadjusted basis, was $1.07 billion, which is up14% year-on-year
- The company reported adjusted EBITDA of $2.06 billion for the March quarter, an increase of 15% from last year
- Cash flow from operations came in at $327 million during the three months
- The company’s board of directors has approved a quarterly cash dividend of $0.275 per share
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
