Halliburton (NYSE: HAL) reported Q3 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $2.98 billion versus the consensus estimate of $3.12 billion.

• Reported net loss of $0.02 per diluted share
• Adjusted net income of $0.11 per diluted share, excluding severance and other charges
• Cash flow from operating activities of $420 million and free cash flow of $265 million

“The fundamentally different course we are charting is having a positive impact on our performance. Halliburton’s strong third quarter results demonstrate that we are effectively executing on our strategic priorities,” commented Jeff Miller, Chairman, President and CEO.

“Total company revenue was about $3.0 billion and adjusted operating income was $275 million. We improved our margin performance both internationally and in North America and are on track to generate over $1.0 billion in free cash flow for the year.

“The pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing.

“We have a strong international business, a lean North America operation, and an efficient capital deployment strategy, all enabled by continued adoption of leading digital technologies that benefit our customers and Halliburton.

“We believe executing on our strategic priorities will boost our earnings power reset and free cash flow generation today and as we power into and win the eventual recovery,” concluded Miller.

For earnings history and earnings-related data on Halliburton (HAL) click here.