Energy giant Halliburton Company (NYSE: HAL) on Tuesday announced financial results for the first quarter of 2023, reporting higher earnings and revenues.
Total revenue climbed 33% annually to $5.68 billion, with all operating segments and geographical regions, except Europe/Africa, registering growth.
Driven by the strong top-line growth, net profit more than doubled to $651 million or $0.72 per share. First-quarter operating margin rose 530 basis points year-over-year to 17.2%.
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