Schlumberger Ltd. (SLB) Q3 Sales Plunge 33%, EPS 48% YoY; CEO Warns of 'Delayed' Recovery
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Schlumberger Announces Third-Quarter 2015 Results
October 15, 2015 4:10 PM EDTRevenue of $8.5 billion decreased 6% sequentially EPS of $0.78 declined 11% sequentially Free cash flow of $1.7 billion represented 170% of earnings Sequential and year-over-year decremental operating margins were 35% and 31%, respectively 6.9 million shares repurchased for $545 million
HOUSTON--(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) today reported results for the third quarter of 2015.
(Stated in millions, except per share amounts)   Three Months Ended   Change Sept. 30, 2015   Jun. 30, 2015   Sept. 30, 2014 Sequential   Year-on-year Revenue $8,472 $9,010$12,646
-6% -33% Pretax operating income 1,521 1,708 2,806 -11% -46%... More