Form 8-K CORE LABORATORIES N V For: Oct 23

Go back to Form 8-K CORE LABORATORIES N V For: Oct 23

Core Laboratories (CLB) Reports Q3 EPS of $0.48

October 23, 2017 5:19 PM EDT

Core Laboratories (NYSE: CLB) reported Q3 EPS of $0.48, versus $0.38 reported last year. Revenue for the quarter came in at $166.25 million, versus $143.48 million reported last year.

Fourth Quarter 2017 Revenue and EPS Guidance

Core is encouraged by the increasing focus of its major clients regarding capital management, ROIC, FCF and returning capital back to their shareholders, as opposed to just production growth. The Companies adopting these metrics tend to be the more technologically sophisticated operators and form the foundation of Cores worldwide client base. Core will benefit from this shift in focus from production growth to... More