RSS   Newsletter   Contact   Advertise with us
Post Online Media

Schlumberger announces 31% fall in Q1 bottom line

Schlumberger   Bottom line came in at $347 million

Schlumberger reported a profit for first quarter that lost ground from last year.

The company said its bottom line came in at $347 million, or $0.25 per share. This was down from $501 million, or $0.40 per share, in last year's first quarter.

The company said revenue for the quarter rose 5.7% to $6.89 billion. This was up from $6.52 billion last year.

Schlumberger Ltd. earnings at a glance:

-Earnings (Q1): $347 million vs. $501 million last year -Earnings Decline (Y-o-Y): -30.7% -EPS (Q1): $0.25 vs. $0.40 last year -EPS Decline (Y-o-Y): -37.5% -Revenue (Q1): $6.89 billion vs. $6.52 billion last year -Revenue Change (Y-o-Y): 5.7%.


What to read next


POST Online Media does not use cookies to collect information about visitors.   OK, hide this message   Third party ads may be using cookies, you can see how here.