Weatherford (WFT) Tops Q3 EPS by 3c, Revenues Miss
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Weatherford Reports Third Quarter 2018 Results
October 29, 2018 6:45 AM EDTBAAR, Switzerland, Oct. 29, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) reported a net loss of $199 million, or a loss of $0.20 per share, for the third quarter of 2018. This compares to a net loss of $256 million, or a loss of $0.26 per share, for the third quarter of 2017.
The non-GAAP net loss for the third quarter of 2018, which excludes unusual charges and credits, was $103 million, or $0.10 diluted loss per share. This compares to a $156 million non-GAAP net loss in the prior quarter, or $0.16 diluted loss per share, and a $221 million... More
