SLB Reports Higher Third-Quarter Revenue as Middle East Business Recovers
SLB reported third-quarter profit of $735 million, or 49 cents a share. Its Middle East business began to gradually recover after a challenging start to the year.
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11:43:27 AM UTC
SquawkNews
By Ty RoushSLB reported better-than-expected third-quarter earnings on Friday as its push into the artificial-intelligence data center market gained momentum, emerging as a new growth opportunity for the oilfield services giant.The company posted adjusted earnings of 64 cents a share, a year-over-y…
By Connor HartSLB reported higher revenue in the recent quarter as business in the Middle East began to gradually recover, following a challenging start to the year.The oilfield-services company, formerly known as Schlumberger, on Friday posted third-quarter profit of $735 million, or 49 cents a sh…