Halliburton (HAL) Tops Q3 EPS by 4c

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Halliburton Announces Third Quarter 2022 Results

October 25, 2022 6:45 AM EDT

Reported net income of $0.60 per diluted share. Adjusted net income per diluted share more than doubled from the same period last year. Revenue of $5.4 billion, increased 39% year-over-year. Operating margin of 16%, increased 393 basis points year-over-year over adjusted operating margin. Cash flow from operating activities of $753 million and free cash flow of $543 million.

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today net income of $544 million, or $0.60 per diluted share, for the third quarter of 2022. This compares to net income for the second quarter... More