Energy infrastructure company Schlumberger Limited (NYSE: SLB) announced operating results for the second quarter of 2024, reporting strong growth in revenues and earnings.
- Second-quarter revenue increased 13% year-over-year to $9.14 billion; it was up 5% sequentially
- Net income attributable to the company came in at $1.11 billion in the June quarter, marking an 8% growth
- Net income, on a per-share basis, advanced 7% annually to $0.77; up 4% quarter-over-quarter
- Adjusted earnings, excluding charges and credits, was $0.85 per share in Q2, higher by 18% from last year
- Q2 adjusted EBITDA grew 17% annually and 11% quarter-over-quarter to $2.29 billion
- At the end of the quarter, the company had cash flow from operations of $1.44 billion and free cash flow of $776 million
- 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
Here’s why Dollar General (DG) is well-positioned for meaningful growth ahead
Shares of Dollar General Corporation (NYSE: DG) rose over 6% on Friday. The stock has gained 76% year-to-date. The discount store chain delivered robust results for the third quarter of
Docusign (DOCU) Earnings: 3Q26 Key Numbers
Docusign, Inc. (NASDAQ: DOCU) reported its earnings results for the third quarter of 2026. Revenue increased 8% year-over-year to $818.4 million. GAAP net income was $83.7 million, or $0.40
Infographic: How Ulta Beauty (ULTA) performed in Q3 2025
Ulta Beauty, Inc. (NASDAQ: ULTA) reported its earnings results for the third quarter of 2025. Net sales increased 12.9% year-over-year to $2.9 billion, driven by comparable sales growth, the Space
