Weatherford (WFT) Tops Q2 EPS by 2c, Miss on Revenues

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. SPCX
2. SBUX
3. LEVI
4. NVDA
5. GOOGL
6. USO
7. STZ
8. AAPL
9. SPY
10. APLD

Go back to Weatherford (WFT) Tops Q2 EPS by 2c, Miss on Revenues

Weatherford Reports Second Quarter 2018 Results

July 27, 2018 7:00 AM EDT

BAAR, Switzerland, July 27, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) reported a net loss of $264 million, or a loss of $0.26 per share for the second quarter of 2018.

Weatherford's non-GAAP net loss for the second quarter of 2018, which excludes unusual charges and credits, was $156 million, or $0.16, diluted loss per share. This compares to a $188 million non-GAAP net loss in the prior quarter, or $0.19 diluted loss per share, and a $282 million non-GAAP net loss for the second quarter of 2017, or $0.28 diluted loss per share.

Significant Highlights

Segment... More