Core Laboratories (CLB) Tops Q2 View; Initiates Dividend of 10c And a Special Dividend of $1.00

July 23, 2008 5:06 PM EDT

Core Laboratories (NYSE: CLB) reports Q2 EPS of $1.51, 2 cents better than the analyst estimate of $1.49. Revenues for the quarter were $197.7 million, versus the consensus of $190.29 million.

Sees FY08 eps $6.05 to $6.15 versus $6.17. Initiates 10c quarterly dividend and declares a $1.00 special dividend.

Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry worldwide.
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