Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced results for the first quarter of 2025, reporting a YoY decline in revenues
- March-quarter revenue decreased 3% from last year to $8.49 billion
- Net income attributable to the company fell 25% annually to $797 million in the first quarter of 2025
- On a per-share basis, net income was $0.58 in the first quarter, which is down 22% from the prior-year quarter
- Excluding charges and credits, earnings per share declined 4% year-over-year to $0.72 during the three months
- Adjusted EBITDA was $2.02 billion in Q1, down 2% year-on-year; Cash flow from operations was $660 million
- In Q1, the company’s board of directors approved a quarterly cash dividend of $0.285 per share, payable on July 10, 2025
- In February, the company signed an agreement to purchase the operations of Interactive Network Technologies, a global leader in energy data visualization
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
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
