Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced results for the third quarter of 2024, reporting a 10% year-over-year increase in revenues.
- Third-quarter revenue increased 10% annually to $9.16 billion; it was broadly unchanged sequentially
- Net income attributable to the company came in at $1.19 billion in the September quarter, a 6% growth from last year
- Net income, on a per-share basis, advanced 6% annually to $0.83; up 8% quarter-over-quarter
- Adjusted earnings, excluding charges and credits, was $0.89 per share in Q3, higher by 14%
- Q3 adjusted EBITDA grew 13% annually and 2% quarter-over-quarter to $2.34 billion
- At the end of the quarter, the company had cash flow from operations of $2.45 billion and free cash flow of $1.81 billion
- During the quarter, the board of directors 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
Dropbox Q1 2025 adj. earnings rise 21%; revenue drops slightly
Dropbox, Inc. (NASDAQ: DBX) has reported an increase in adjusted earnings for the first quarter of 2025. Revenues decreased slightly during the three months. The tech firm, a leading cloud-based
Monster Beverage Corporation (MNST) Earnings: 1Q25 Key Numbers
Monster Beverage Corporation (NASDAQ: MNST) reported its earnings results for the first quarter of 2025. Reported net sales decreased 2.3% year-over-year to $1.85 billion. Net sales, excluding the Alcohol Brands
Infographic: How Expedia (EXPE) performed in Q1 2025
Expedia Group, Inc. (NASDAQ: EXPE) reported revenue of $2.9 billion for the first quarter of 2025, up 3% from the same period last year. Net loss attributable to Expedia Group,
